Berghaus Don't assume that because I'm not full of the joys of spring I'm somehow deramping. For your information I'm holding about 30k of igas in my portfolio, not as much as some of you but material to me. I hold stock at various levels, topping up and average out about 1.20 Whilst I like the business itself and I think AAIs doing a fairly good job, I think even you would admit the timing of Brent Cheshire dumping stock, on the back of Trip Oil cashing in was a really poor move - great for Brent sure, quids in but dire for both igas and ordinary shareholders like us. That move IMO triggered the downward spiral, we broke out of trending up nicely to where we are now. Currently we may not have found bottom and that concerns me. I feel a vote of confidence from the company may be usefull and like you the Barton results may help the SP if they are strong, time will tell. In the meantime we need the sp to start recovering, the selling finished and some positivity around the company. What's said here positive or negative I dont think has any effect on the SP so it's not about deramping but discussing the actions of the company. My call is that Brent Cheshire was wrong to dump that stock on the open market, it should have changed hands if he needed to cash in but it didn't, it just flooded the market and caused the down turn
Yes, kenstaff. You're not the only one to have suspicions about bunnyboiler who becomes active just as SpreadTrader goes quiet! Hmm... Like you say, it's only an issue if you want to sell. I'm holding out for 250p+ when the wells are finally active. By then anyone trying to buy in will have missed the boat by a country mile! (Did I mix my metaphors?!)
Ramping/ de ramping
Quite happy myself for stock to pop down to £1.00, who cares, its gonna be straight up again.... noted :- there seem to be some repetitive ' falling like a stone ' quotes on here. Well all I can say is come up with a different catch-phrase. Summer may well be the silly season for IGAS SP, but sure as Eggs is Eggs, post holiday period, we will have lots of news all over.. I am certainly putting my money where my mouth is on most UK unconventional gas and oil plays. **********************************************************************************************************
Back to 114.Champagne time.ha ha
RE: SP Falling Like a Stone
Looks like Brent Cheshire got out at just the right time, funny that.... When anyone on an exec team dumps a load of stock you have to ask yourself "what do they know, that i dont" and no matter how you dress this up, following that sale the SP just tanked... Where it will stop i dont know... More fool me, im still holding shares for the long term.. dooh I won't be topping up anytime soon until we see some stability, this could fall sub £1 now, very worrying
adoubleuk's strange post
Huh? What are you smoking adouble? Can I have some?! How am I, of all people a deramper? How are my posts made up? Of everyone on here who was the only one to do some real research into the Brent Cheshire sale? Yes, me. So don't go all conspiracy theory on my @$$. I'm the last person who posts fake stuff on here. Read the ASX scheme booklet for Dart:............ "Scheme conditions: No material adverse change: no material adverse change occurs in relation to Dart or IGas before 8.00am on the Second Court Date. In particular, the current planning appeal in relation to Dart’s Airth CSG Project (PEDL 133) in Scotland is not decided in a manner that renders that project impracticable or impossible;"...... How is it that no one else here knows how to use Google? So basically even though Scotland have said they are tightening up the regulations for planning permission regarding fracking it's not a problem for IGAS because if it becomes a prob for Dart then the sale falls through and IGAS aren't lumbered with a big, white Elephant. How adoubleuk sees that as anything other than good news I don't know. Too much sunshine, maybe?!
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