i am weirdly hoping it drops to a ridiculous level so we can top up. It's really a matter of holding for 4-5 months to see a definite gain.
A safe trade would be to let market impatience result in a further drop in SP, then load up and get your average below where it would have been if you bought anytime this calendar year... followed by an opportunistic sell as the appraisal well starts. You dont have to wait till they release results... there is bound to be excitement along the way as we know there is oil. But it may be prudent to de-risk and sell while the sp goes up in anticipation say late Feb to mid March before results are out.
alternative is to wait it out and hopefully it's economical and you make real good money.
either way, the trading since Zapato and all the way to Jan is just traders playing and it could go any which way until then for no good reason other than market interest and maybe some macro impacts.
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i am weirdly hoping it drops to a ridiculous level so we can top...
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