There seems to be a little bit of support coming through at 8.8c, i dont really think this is going to plummet with news re: PEP -11 coming in the next few weeks and it appears the market has already factored in an unsuccessful drill at wakefield - although this is not certain as there are good hydrocarbon shows yet the well is unstable - See PEP -218 Announcement from Adelaide Energy.
Although i sold half my holding, i have no doubt the medium to long term will reward all holders. This is almost certain.
Entry at 8/9c is a real bargain when you consider what this will be doing in 6 months time.
good luck to all
BUY Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
