All the old reasons pushing it down and the two newer ones: oil price and most recently allegations over share dealings by CEO. Really wish I had dumped this earlier on the ASX now.
Coal gas / shale is still a potentially good story and someone will probably still make money out of it. However with the exception of investors who held companies in QLD pre boom, has any long term investor (not traders, insiders, staff/mgmnt/directors) ever made money in this sector - I think the answer is no.
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Another day - another 52 wk low., page-5
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