AB,
That is the point. How are small aussie and kiwi punters going to trade on AIMS? I reckon most would prefer CASH. Then for those who want to play on AIMS, when they have found a convenient way of doing so, they can start at a time and level that suits them.
What direction has IGas price been going? A rising A$ & falling IGAS could see the offer being virtually worthless.
None of the few promises made by the new board at the AGM have come about. Their performance under questioning was dismal. They had no vision for the future except saving money and looking after their own pockets. They were unable to give a straight answer to quite a few straight questions. The new board are a bunch tired greedy old farts. Didn't have a clue about the future except cost cutting. Grabbed the first opportunity to come along & R Neale has secured another gig for himself in retirement. Good for him.
The dark green movement has only got started against the unconventional O&G industry in the UK. Still a very uncertain future even for a combined operation.
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