I'll be a little surprised if SAE doesn't move to mid 50's in June. Lots of action on their tenaments. JB speaking at Oil Conference on Monday/Tuesday next week in Sydney. I'll be there.
Thus loss selling might be minimal. If been a buyer up to 59c this year with original entry in low 20's. I have a largish stash of SAE and think its the best oil play I've come across on the ASX this year.
DYOR. I'm often wrong.