The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Rare earth mining exploration in UK article in online telegraph
https://www.telegraph.co.uk/business/2023/04/18/rare-earth-gold-rush-electric-cars-uk/
Why would the weakness of the pound have such a negative effect on Igas? Gas prices keep rising, small gas producer stocks keep falling. Something odd going on, could be shorting, could be other type of manipulation.
Says the man who spreads fake news.
BlueSteel where you getting our news from? Check out the UK natural Gas Prices - https://www.barchart.com/futures/quotes/NF*0/futures-prices - up 11%
Retail price of gas hasn't dropped. Up 11% today. Yes it fluctuates but the trend in general is upwards. Fracking will be allowed as the government have stated recently.
So many of the sells are auto trades set by algorithms. Have they been deliberately set to sell to manipulate this sp drop? How else can you explain a halving of the mcap since the September highs?
Another stupid poster. The complete market isn't in red!
Pasa i'm asking you to explain the drop here and all you can come up with are supposedly smart arse cryptic comments. Face it pal you aint got a clue either.
So basically the drop here the last 2 trading days is unexplainable. Market manipulation? Somebody shorting the stock?
Explain how that particularly effects Igas more than most.
So what is the rumour causing the panic drop? Why would PMQ's help or hinder? Where's the connection with the CEO here? Am completely baffled.
As for pasajerodeltoro's posts, they make no sense.
I read this with interest also. The proceeds being the tax on the fracking profits made by companies like Igas so it's another good sign for the future here.
'Happy days, UK NG futures back above £6 for Jan and Feb'
Great news for Mercuria of course but not so good for Angs if they can't meet the hedge. How will Angs pay Mercuria the hedge shortfall? Placing maybe?
GL should simply come clean with the details of the deferred hedge arrangement and then investors can work out the ramifications themselves. Vagueness is his game.
Before newbies invest i suggest they read the RNS of April 27th and the promises it makes before making a decision.