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.
Landslide Victory for the Tory party with Corbyn as their secret weapon. Corbyn lost all credibility when he backed the IRA in the eighties, siding with Adams and McGuiness (now rotting in Hell). May knows exactly what she is doing as she has no real credible opposition and I do not think that anyone has a stomach for a Lib-dem/Corbyn/Nicola Cranckie Sturgeon coalition.
Seriously,a resurgent Liberal Democrats? Blimey, I guess Gay people and Igas should be worried about those numpties. 9 MP's that live in La La Land. Hardly a threat. So we have a communist in Corbyn and and an anti gay leader in Farron. Take your pick. I'd rather with stick with Iron Lady 2 thank you very much.
Oops - with regards to the election, I meant to say in addition that the reason why a Tory victory may not be assured is because of a resurgent Lib Dem party. I agree that Labour doesn't have a cat-in-hell's chance of winning under Corbyn. My concern from an Igas investment perspective is that enough disaffected Labour, Remainer and Scots fed up with the SNP will turn to the Lib Dems to give them the seats needed to deny an overall Tory victory. As said, the Lib Dems have come out against fracking and, if they end up in another coalition, that doesn't bode well for Igas.
Hi pennystocks. Indeed - I agree that a Tory victory is not a foregone conclusion, as this may backfire on Theresa May. We shall see! On a brighter note, it's interesting to see the trades being made - I noted late yesterday that someone bought 1.5m shares, and some fairly hefty buys of 50,000 shares a time have occurred today. I also wonder whether a "tree-shake" is going on...!
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