the cone re: "This has been severely punished"
Yes agree I think the punters have read the ADX announcement results incorrectly (again) just as they did
with the latest Anshof results, and the share price went down(AGAIN), so I brought more
ADX (again).
The only downside for me was I had to sell some of MAY to do it,
(the MAY share price has also not reacted much to what I thought was an excellent MAY announcement),
but I rotated out of MAY to ADX (again) based on relative market cap to share price for both coys
as well as considerations of % share of project and country risk.
I like both coys and hold a substantial position in MAY
but think ADX is the more undervalued (both now and for potential upside)
JMHO....
Ann: Welchau-1 Discovery Well Cased for Future Testing, page-83
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