Interesting to see that this Adelaide equity firm have jumped on board.
Given that they have been buying on the way up to this point, I can't imagine that they will dump stock in the immediate future. However, the question does remain - what will they do as we reach the peak of the pre-spud run into Windermere? Hard to know. As Windermere is an appraisal well, they might decide to ride the drill and wait for a probable success. Maybe then Gippsland?
Anyway, interesting to watch and see what they do.
BAS Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
