I'd agree with that particularly the bit about MM's and marginal...

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 .