retail offer d day, page-2

Hi PPot, yes hard to say short term but IMO only one direction long term.

Watching the trading over the past few days I can't help thinking that the sell orders just keep rolling in as the SP tries to make a move upwards. Thurs/Fri post offer trading may tell I guess. I have taken up all my allocation.

I really think there are more 'new' moves afoot beside the Bowland shale. WIth 49.99% control to Kerogen I think lots of doors will open for AJL's other strengths in drilling/construction. If this happens & the 'core' business starts performing - well that's icing on the cake.

I am just disappointed I didn't have funds available to buy in the low teens when it dipped there briefly - oh well $1.20 is a great price in my mind.

Just a rough way of looking at it, I am sure others will have different ideas & ways of looking at it - approx $1.50 before the CR, CR 80% dilution so SP should be around 90c but is around $1.20 at present so that is an increase of approx 30% from the pre CR price based on the number of shares now.

Yes DTE is moving up nicely & looks set for more today.