As a staunch AND supporter since 2004 I must confess I am now out, as of Monday. Personal circumstamces plus the jump on Friday/Monday opening covering CGT was simply too good to resist. My decision was also influenced by the BSG fiasco which seriously damaged my belief that the patient investor can survive the droves of thieves, liars and other parasites that inhabit the market.
All that said, I sincerely believe there may well be more left in AND due to:
1. Mariana Central drilling results - still looks potentially better than Eureka to me.
2. Another bid pushing the offer price up.
My decison may prove unwise but I am happy with the outcome. Good luck to all holders.
Nick
AND Price at posting:
$6.51 Sentiment: None Disclosure: Not Held