No idea where we will be at today SP wise but it largely doesn't matter other than the buzz we get from a lift. Once Greece settles and people can regain the ability to see things for what they are then all will be good.
The important thing is that the news is great and that this asset now has a much higher value to those in the know, and more importantly, to those with the chequebook.
To paraphrase Carl, if I may, who doesn't give a damn about the flow from these particular wells........... "As long as there is no water then this is massive".
To date, we have no water anywhere near this and we now know that the shale has fracked perfectly. If investors can't understand how this translates to a sale then they simply miss out. It's an individual choice but the writing is plain to see for anyone who wants to look.
ADE Price at posting:
11.5¢ Sentiment: ST Buy Disclosure: Held