ADX 0.00% 13.5¢ adx energy ltd

strong signs of a reversal + chart, page-13

  1. 1,293 Posts.
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    Afternoon adx crew - slow and steady - really in light of bp's drilling issues a concervative approach is to be respected rather then been seen as expensive, poor rig choice etc. Imagine a disaster in the med.

    I predict a TH over the coming 3-4 trading days.
    naturally I am an optimstic, maybe a WA thing.

    Its close and I dont think the idea of a 3b issue of shares at a 5 day wrap to the us$20million facility is not out of he equation to reward the risk of the lux mob.

    Either way we have 3 oportunities to get in or out of this WC.

    Got luck all, whatever your views - risk profile.

    finch

    recovered from Fenacllg

    karratha - the engine of Australia.
 
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