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https://energydesk.greenpeace.org/2017/06/09/democratic-unionist-party-dup-environment/
liquidated fracking holdings till after election. I can see this going minority conservative.
I guess the other thing i tell myself to try and feel better about £1.27 is this investment sat in the non-fund managered half of the portfolio and within tht half it sat in the third which i had classified as very high risk / speculative. We dont win all the time and £1.27 is effectively a total write off. It doesnt nessacerily take away the bitter pill but maybe helps me feel less emotive about it. I guess the question is does igas look good or bad for the future as to whether it is worth continuing with or go doing something else with cash deposits.
Hi, I apperciate the frustration of other long term share holder and people that have come from previous aquistions. I am also in a similar position and my initial price of £1.27 is a far distant memory of the past that I have written off emotionally. The is no value in the present to try to punitively punish the company for the past when we are considering the restructuring for the future. In my little brain we all have 3 choices: 1. take up / vote for the offer / restructing and look forward to the future, maybe recover investment or make a profit. 2. sell eixsting share holding and get out what you can. 3. try to block restructuring missing out on the offer if you fail and also effectivelly sending the company to zero for us private investors if blocking the restructuring succeds. For me the only future looking scenario is 1. And acceptance of the present with an assesment of a dim future is 2. And 3 is a piric vicotry of two fingers for the past by sinking the whole ship. If you still beleive in fracking in the UK and igas then 1 seems to be the only sensible choice (or EDR). If you accept that position then this also seems like a fantastic oppoertunity to put in relatively less money and being able to average down your position. I did that at 15p, I will do it again at 4.5p under offer and apply for significantly more shares and hope to be able to average down to 14.6p , and if it goes to 1p I will do the same again and by that point I would be averaged down to 4.3p. If you are not prepared to average down we are never going to get back the initial investment that is evident. It all comes down to our individual assesment of what the future for igass / fracking is. Some of us will get out the big reports, a calculator and do it technically, others will go with feel, and we will all make a best guess about what may happen in the future. But what has already happened years in the past does seem particuarly non helpful in the present to our own interests. I am not telling anyone to do anything, just my thinking, and I will have to own the consequence good or bad in the future. I am trying not to hold onto the past and any emotions, not mater how hard and unjust the fall from £1.27 feels, it does not acutally help me today in terms of making a choice about stay, invest, divest or block....
Hi, I apperciate the frustration of other long term share holder and people that have come from previous aquistions. I am also in a similar position and my initial price of £1.27 is a far distant memory of the past that I have written off emotionally. The is no value in the present to try to punitively punish the company for the past when we are considering the restructuring for the future. In my little brain we all have 3 choices: 1. take up / vote for the offer / restructing and look forward to the future, maybe recover investment or make a profit. 2. sell eixsting share holding and get out what you can. 3. try to block restructuring missing out on the offer if you fail and also effectivelly sending the company to zero for us private investors if blocking the restructuring succeds. For me the only future looking scenario is 1. And acceptance of the present with an assesment of a dim future is 2. And 3 is a piric vicotry of two fingers for the past by sinking the whole ship. If you still beleive in fracking in the UK and igas then 1 seems to be the only sensible choice (or EDR). If you accept that position then this also seems like a fantastic oppoertunity to put in relatively less money and being able to average down your position. I did that at 15p, I will do it again at 4.5p under offer and apply for significantly more shares and hope to be able to average down to 14.6p , and if it goes to 1p I will do the same again and by that point I would be averaged down to 4.3p. If you are not prepared to average down we are never going to get back the initial investment that is evident. It all comes down to our individual assesment of what the future for igass / fracking is. Some of us will get out the big reports, a calculator and do it technically, others will go with feel, and we will all make a best guess about what may happen in the future. But what has already happened years in the past does seem particuarly non helpful in the present to our own interests. I am not telling anyone to do anything, just my thinking, and I will have to own the consequence good or bad in the future. I am trying not to hold onto the past and any emotions, not mater how hard and unjust the fall from £1.27 feels, it does not acutally help me today in terms of making a choice about stay, invest, divest or block....
placed excess offer, averaging down seems worth it, bought at >£1, 11p and now 4.5p, might get out even (or maybe a profit) at some point in future 1 or 2 years from now.