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

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.