|Electric & General Inv Tst
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Real-Time news about Elec.& Gen.It (London Stock Exchange): 0 recent articles
|Electric & General Daily Update: Electric & General Inv Tst is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker ENG. The last closing price for Electric & General was 387p.|
Electric & General Inv Tst has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 65,318,174 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Electric & General Inv Tst is £252,781,333.38.
|timbuck2: union hall
i am more used to ftse and aim in london, but just following this stock and trying to make snese of things here , but there are four graphs, all showing different things, which one is the actual todays share price, one shows a dip the last shows an increase in sp, and the 2 in the middle shows no movement
thanks in adavance|
|100bill: Obviously all company Officials Directors Consultants Geological and Financial especially those in the Oil business are very conservative IMO as they would not wish to be held responsible. Modern 3d seismic surveys give a pretty good indication of target volume and distribution this backed up by good geological data allows management to identify probable Oil Deposits. I agree and am pretty confident that The JV are not going to Namibia on a wild goose chase they have a pretty good Idea that Oil is likely to be found in this area. The company Geologist has publically stated that this is the best potential target he has seen in 40 years in the business. I would say that the potential recoverable reserves if found are a best guess and no one can know until the well is drilled and a logging tool has been introduced which can help establish the size of the find. Data thus far indicates potentially huge reserves of oil. In the range of Billions of Barrels given that a find of such magnitude would probably see the share price rocket between $20-$50 short term and perhaps $100+ dollars per share on production a 1 in 10 chance of oil is worth in my book $10.00 per share. I think the share price will reach these levels say $7-$10 during and pre drilling. My strategy here is to see the price double at least from its current levels and sell 50% perhaps and let the rest ride 10k shares today at a cost of £15k could be worth £500,000 in the very near future any odds better than 1 in 10 are music to my ears this type of speculative play whilst there is risk has the potential to be life changing shares at C$2.85 approx close Friday open today ??|
Electric & General share price data is direct from the London Stock Exchange