Back to the election and, with the BBC reporting today that the Tories are considering introducing a price cap on consumer energy tariffs, I've been wondering whether this adversely affects the investment case for Igas.
My starting point is that, what the Tories giveth with one hand in terms of an ostensibly favourable regulatory/political environment to develop England's shale gas potential (i.e. favourable planning, sympathetic environmental regulation), they taketh away with another hand with a potentially ill-thought through populalist price cap on consumer energy tariffs that will starve the energy industry of investment and/or deters innovation in developing alternative energy sources such as shale gas.
Jcw, you are not qualified or competent to judge what I am, or not, and looking at your previous posts and investment choices not qualified or competent to talk with any credibility about shares. So run along now you are out of your league, but you know that anyway.
I55 - whatever McGuiness contributed to the Good Friday agreement does not take away from the fact that he instigated and carried out the murders of innocent women and children. Much in the same way as the fact that Jimmy Saville raised a lot of money for charity, it does not take away the fact he preyed on vulnerable children. - both were despicable low life and can both rot in hell. Anyway, although I have strong views on this, here is probably not the place to debate this, so I will not be commenting further on it, and apologies to others for going OT. I will try to keep to Igas business in future.
#Cebo: without the efforts of McGuiness, the good Friday arrangements wouldn't have happened. The western world always label freedom fighters that are against their political ideologies as "TERRORIST" killing innocent civilian's knowingly or unknowingly is insanely diabolical. The most monster Terrorists that was created by the British Empire is the USA.
On 11th April PLLG investments acquired 4% of Igas. PLLG are about 31% owners of President Energy. A director of PLLG was previously a director of President. Sadly for us and of course for PLLG since around 10th April the Igas SP has fallen suddenly with several large 1 million sells. At the same time the SP of another similar company, Egdon, has held it's own. Bad luck for PLLG I guess. Maybe they should think about taking a bigger share now the SP's lower.
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