IC TIP:
Buy
at
97p
That's why I have been patiently waiting for the investment I recommended in Global Energy Development (GED: 97p) to come good. It's fair to say that shares in the Aim-traded Latin America-focused petroleum exploration, development and production company have yet to fulfil the promise I envisaged when I highlighted the investment case last year ('Insiders major buy signal', 17 Dec 2012). In fact, the share price has put in a lacklustre performance even though small caps have enjoyed a fantastic rally this year.