It is clear the market is in the process of re-rating Beach to take into account the Shale Gas potential. This has only just got under way and once BPT stays above 1.20, the SP will merrily continue up towards $1.50.
ADE will follow as sure as eggs is eggs.
To all the sorry losers who sold me their shares at 11.5c, I say THANKS SPORT.
ADE was 18.5c in April - it is now worth twice this IMHO.
