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clock Created with Sketch. 01/09/16
09:50
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Originally posted by bohara14
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Tgn, certainly shale in the UK is still viewed speculatively by investors. The change in sentiment over the last several months has definitely been in our favor, however. AJL is up 100% from lows earlier this year. Igas is up 75% in the last few weeks. No one is trading AJL stock today so taking any cues from daily movements is foolish. You are better to ignore the price until it meets with some volume (unless you are trying to pick some odd lots up on the cheap). My guess is that the stock is mid 30's to mid 40s going into the end of Sept in anticipation of a positive outcome on the appeal.
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True, but Cuadrilla has drawn attention to the apparent suitability of the shale drilled to date to fracturing... something about natural fracture characteristic within the targetted strata
