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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


Igas Energy Share Chat (IGAS)



Share Price: 70.00Bid: 70.00Ask: 72.00Change: 0.00 (0.00%)No Movement on Igas Energy
Spread: 2.00Spread as %: 2.86%Open: 73.00High: 73.00Low: 70.00Yesterday’s Close: 70.00


Share Discussion for Igas Energy


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AuntieFrack
Posts: 70
Off Topic
Opinion:No Opinion
Price:70.00
RE: SNP
Sat 06:27
MarktheSpark, you are absolutely correct. But…
according to Tom Pickering of Ineos, they don't expect UK Shale gas to contain any ethane.
 
MarktheSpark
Posts: 1,485
Answer
Opinion:Buy
Price:70.00
RE: SNP
Sat 00:17
Auntie Frack, according to Wikipaedia "ethane is isolated on an industrial scale from natural gas and as a petrochemical byproduct of petroleum refining. Its chief use is as feedstock for ethylene production.". In other words ethane could be refined from UK shale gas. It's a refined product, just like petrol and diesel are refined products of crude oil.
AuntieFrack
Posts: 70
Off Topic
Opinion:No Opinion
Price:70.00
RE: SNP
Fri 17:36
Ah don't confuse the issue. Ineos say we need METHANE from shale gas for energy in the UK.
But what they are importing is ETHANE from shale gas for use as a feed stock for plastics.
Not the same thing at all.
lunatic
Posts: 1,013
Observation
Opinion:Strong Sell
Price:72.50
Liam198Three
Fri 15:04
Your on the learning curve ,The shares you watch go up the shares you buy go down you get it right then you get it wrong we've all been there .When companies like this do a consolidation the sp starts dropping like a stone .
JBelfort
Posts: 10
Off Topic
Opinion:No Opinion
Price:72.50
RE: Im out....for now
Fri 13:39
can't say I blame you.
Many have been burned on this one, and time, money, patience is finite
Liam198Three
Posts: 7
Off Topic
Opinion:No Opinion
Price:72.50
Im out....for now
Fri 13:01
Well, its been emotional...IGAS were my first investment and introduction to the world of shares. A steep learning curve, despite the positive feeling when i bought in last year, averaging down where possible and still having lost over half of my relatively modest investment, i have serious doubts/ concerns/ frustrations over the running and future of IGAS and treatment of it's investors. Particularly following the recent share consolidation, the company just doesnt seem to have the plans / prospects and assessts to carry the consolidated share price, which has steadily dropped since the consol and i suspect will continue to do so unless some dramatic news or changes occur. I've have therefore decided to cut my losses to try and recoup some in my other investments. Ill be keeping an eye on IGAS though for sure, with a view to maybe buying back in at a lower price if things stabilise and some good news appears. Thanks to all on here for your info and knowledge, certainly been useful throughout.
Vernony
Posts: 2,126
Off Topic
Opinion:No Opinion
Price:72.50
RE: DUP
Fri 12:25
Exactly and Labour are aware that the DUP can hardly vote for Fracking in the UK, if it is banned in Northern Ireland. The spin doctors in the Labour and Libdem and the SNP may well be homing in on this, because here is a way to prevent DUP from voting with the Conservatives . If the other parties can defeat the Conservatives, as they would do on this subject, then they can slap down a motion of 'no confidence, in Her Majesty's Government'. Win that and they will have forced another general election !
Vernony
Posts: 2,126
Off Topic
Opinion:No Opinion
Price:72.50
So much
Fri 12:18
Wonderful consolidation this one, so far everybody is losing money by it !
Vernony
Posts: 2,126
Off Topic
Opinion:No Opinion
Price:72.50
SNP
Fri 12:16
As you know the SNP and the Scottish government are not the same thing. The Scottish government imposed a moratorium on fracking and that has yet to be repealed, but INEOS is making a mockery of the SNP because they are having to import Shale gas from America, so the pressure is on the SNP.
The SNP MPs the House of Commons are a different kettle of fish, they inherently hate the Tories and also know that Corbyn will be a pushover, for Scotland, compared to TM. They will vote strategically against the Tories, regardless
Cockburn
Posts: 11
Observation
Opinion:No Opinion
Price:75.00
Scotland
Fri 06:57
"Scottish Government met fracking corporation 5 times in 13 months" headline from a Web site called commonspace. com




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