I already have a substantial holding like yourself. I added in the downturn but as you know volume on ADE was surprisingly light given the market conditions and capper.
I was more focussed on taking advantage of the pricing being offered in some other stocks that were being sold down on fear. That said, if I was entering ADE today I would happily take the current offer as I believe it is undervalued given the short to medium term opportunities.
Have not sold any ADE and am happy to play it out to the point where fair value is achieved. No where near it yet!
BTW, good to see we are moving in the right direction on the Maryborough play!!!
Heading off now. Enjoy your day guys!
ADE Price at posting:
12.5¢ Sentiment: ST Buy Disclosure: Held
