DTE dart energy limited

Unofficial IGAS discussion, page-4

  1. 1,726 Posts.
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    I'd agree with that particularly the bit about MM's and marginal ASX holders .

    I suppose one can approximate the number of shares held by marginal ASX holders from the proportion which did not cast a vote .

    The Scottish referendum is only one of the destabilising factors affecting onshore E&P in England .

    The forthcoming General Election in 2015 is casting a shadow .

    We will get a chance to see whether the market thinks the supposed cross-party political support is authentic or not when we find out whether U.S. big-shale or Big Oil has bid on any licenses in the 14th onshore licensing round .

    I suspect that the 14th round is going to bomb .

    The Labour Party don't seem to understand the speculative nature of oil and gas and that investors need a return which is commensurate with the risk - which is high .
    They always perceive as a given that businesses make money and oil and gas in particular to be a money tree .

    The above may sound pessimistic but ultimately I think the results of the exploration wells will be good and that Igas will triumph massively and sellers will regret it .
 
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