ADX 0.00% 8.9¢ adx energy ltd

Ann: Upper Austria Presentation and Prospective Resources Upgrade, page-41

  1. 155 Posts.
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    If you know more about how Austrian politics could impact ADX prospects in Austria, please share, as it will do good to inform other investors.
    I just gave my take on the back of a Bloomberg story on increased pressure to exit oil on the largest producer in the country. The CEO was forced out early.
    Perhaps you believe that the same pressure will not come to bear on smaller producers.
    I happen to think that the government will put pressure on small producers, especially as they don't own any shares (they do in OMV). Perhaps RAG's exit was a rather foresightfull strategic move ... After all, it is controlled by Government entities.
    Last edited by Euroskeptic: 03/05/21
 
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