Just wondered what was on the minds of ADE sellers? (GL if you are holding still) You've made a nice profit, albeit not the spectacular profit you probably deserved. So - where to next for that elusive multi-bagger?
- Maybe you'll just take the cash and wait for market to collapse before re-investing ?(!) or just pay off the mortgage?
- Obvious re-investment is straight back into Beach... it's had a good run on back of ADE t/o, so maybe wait for it to fall back towards $1?
- If not Beach, other obvious contenders are DLS, SXY and ACN... SXY may also fall back to sub 50c... DLS seem to be charging ahead... ACN is smallest cooper oiler, but seem to have the most upside - checkout the investor prentation they released today
- or happy with a conservative play with a BHP, RIO or even Telstra?
Love to know what you're all thinking?
ADE Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held