Seeking Alpha

Michael Parmar

View Michael Parmar's Comments BY TICKER:
  • Playing Geopolitics, Panic and European Shale Gas [View article]
    Interesting article,

    The player in Poland with the first mover advantage in European shale gas plays is a company called Aurelian Oil and Gas. A quick look at its stockholders that have to declare high volumes includes the Quantum fund/Soros Management, Blackrock, and a couple of other hedge funds/investment management companies.

    The share hit 90pence (seekingalpha.com/symbo...) and is currently trading in the UK market at around 52-55pence after hitting a techincal snag in its first fraccing operation into a gas field with 300bcf+ proven reserves, and is about to report on a potential oil find.

    It s apparently shorted on a regular basis, hence its price has been driven down to this lowest level.
    Jun 1 07:05 PM | 3 Likes Like |Link to Comment
More on BNKPF by Michael Parmar
COMMENTS STATS
205 Comments
164 Likes