Sorry Michael, no pearls of wisdom here. All I know is that Kerogeon are the new puppet masters & whatever it is that they want will be what happens.
Now what that is ? So many scenario's there I would only be guessing. Unfortunately it is not like a good 'who done it' book where you can sneak a look at the last page.
SP weakness probably due to a number of factors but the uncertainty of the backlash/protests etc from the greenies re fracking permits next year & the outcome are IMO the main reason. UK Govt knows they need it but they want to stay in power also the age old political dilemma, although Maggie Thatcher wasn't Miss popular but she managed to hang around for a while by making the hard decisions for better or worse.
However the SP drop timed exactly with the release of the new loan agreement so 15% interest & it's implications obviously scared someone off.
AJL Price at posting:
$1.28 Sentiment: Hold Disclosure: Held
