All fair enough
I would actually like to see EEG spin off it's NT assets in a separate entity post the IPO of Armour Energy, that would give existing investors the ability to view the prospectivity of those assets in isolation and allow the company to pay back its debt.
With regards to NY, I have no particular view on the timing of the ban being lifted but I don't think we will see it coming. It could be tomorrow (unlikely) or it could be during the NH summer (more likely) but all things point to it being a 2012 event.
Personally, I don't back myself to be able to trade it as I think the re-rating will be fast and the news will likely come out when our market is closed. So the stock may open up significantly and leave the market scrambling.
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2 | 51161 | 0.255 |
4 | 124448 | 0.250 |
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1 | 3863 | 0.235 |
Price($) | Vol. | No. |
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0.265 | 28750 | 1 |
0.270 | 173060 | 4 |
0.275 | 306851 | 2 |
0.280 | 65636 | 4 |
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