SAE about 5% of current portfolio, and unlikely to buy beyond 10% if I do buy more. Confidence growing, but probably prepared to pay a bit more when they have a few more runs on the board. Originally bought at 61, so the drop to low 50's knocked my confidence in my timing (but not in the coy).
I have some ARQ and IPM, but not sure I should, and a few PPP I should get rid of. Missed the MEO boat.
I am finding it hard to get consistent successes in the O&G patch. I am only really interested in development and production stories. Exploration without these is too fickle for me.
I"ll probably buy more SAE, but why didn't the directors?
EL
SAE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
