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05/05/10
17:55
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Lets rain check. Im a long term holder but the curse of ADI has struck again!
This is by no means a done deal. Some counter points:
1. remember the epic flows that EME posted in Block B and look where that company is now. Nowhere!
2. Lack of news flow in the coming months once the current fracs are complete.
3. Greek contagion and risk of a new GFC. If oil plummets much below $60 - $70 one might question the viability of these wells.
Hope the price can hold up. Cant be bothered trading these.
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