I was in MATD back then and made a nice profit......but they were the days when the like if the Oilers RKH,Desire, Xcite, etc etc only had to spud and the price went up 20-30p.....times are now very different
I'll probably end up selling these at about an £18-£20K loss then when I sell my rental property in 2/3 years i can offset the loss against any capital gain tax liability on the property sale.
If however SNG comes good then I take a nice profit ( more than the CGT on the property sale).....it's a win win.
Because that's how markets work im afraid.......duster before LP news and we will drop, it always happens. It's then a case of next decent news to pick the SP off the floor again.