ICN icon energy limited

18% drop in 2 weeks, page-4

  1. 23,563 Posts.
    lightbulb Created with Sketch. 2427
    And all because of ONE "analyst" who has been proven to be wrong, wrong, with his "calculations."
    He used 5 year old figures for the price of gas and used "sub-set" (incomplete) flow rates, from the LEAST productive zone in the Basin and multiplied them to come up with the garbage that he printed.
    The Age, AFR, SMH, ran with it and naturally those thousands of clients who pay those so called Macquarie Wealth Management "experts" and "analysts" huge bonuses, all wet themselves and panicked.

    Let's just see what IS in Halifax-1, which, we are shown and told by those that DO know, could be the biggest discovery well so far drilled in the C.B. and a potential "company maker" for ICN and a "game changer" for the shale gas industry.

    I'm not going any further than that. What is in Halifax-1, so be it, but, let's not let a proven erroneous statement, by dubiously qualified people, overrule what will be said by Reg Nelson and Ray James who collectively, have over 70 years PACTICAL EXPERIENCE to use as their qualification. Let's just hope that it is reported honestly and accurately.

    Not long to wait now. And the "bot" is back??)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.