Share Name Share Symbol Market Type Share ISIN Share Description
Green Dragon Gas LSE:GDG London Ordinary Share KYG409381053 ORD USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 215.00p 210.00p 220.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 25.6 -0.1 0.3 525.3 305.98

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Date Time Title Posts
27/9/201611:48This GREEN DRAGON comes from China285

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Green Dragon Gas Daily Update: Green Dragon Gas is listed in the Mining sector of the London Stock Exchange with ticker GDG. The last closing price for Green Dragon Gas was 215p.
Green Dragon Gas has a 4 week average price of 226.68p and a 12 week average price of 242.06p.
The 1 year high share price is 300p while the 1 year low share price is currently 0p.
There are currently 142,316,289 shares in issue and the average daily traded volume is 4,162 shares. The market capitalisation of Green Dragon Gas is £305,980,021.35.
stevo2011: But there were still profits to be made – just ask investors in Green Dragon Gas, who welcomed a 10p rise in the share price to 240p.The company revealed that as many as 1,500 wells have been drilled on its Chinese licences by state-owned coal bed methane companies without it even knowing. More...FTSE LIVE: Hopes mount over a deal to avert US default; Royal Mail shares soar at debutRoyal Mail shares soar 38% on stock market debut earning small investors an instant bonanza of nearly £300 eachRoyal Mail shares rocket after market debut... but will they stay this high? City analysts give their viewsThey may be breaches of contracts, but it effectively means that Green Dragon could grow reserves and production without having done any work or spent any money. It only found out about the exploration activity when the government confirmed it as the rightful owner of the blocks, ruling out claims from a Chinese rival that its licences were no longer valid. The new wells now belong to the AIM gas group, meaning $500million of work has been done without it having spent a cent.It is as yet unknown how much gas some of the wells are producing, but the company thinks there is a good chance they will boost its production profile.Read more: Follow us: @MailOnline on Twitter | DailyMail on Facebook
rimmy2000: i think the news everyone is waiting on is whether they can get the required financing to advance the project, at decent terms.. There has been nothing to underpin the share price over the last year.
saucepan: Hi Folks I am taking a look at GDG. Does anyone have a view on the 13 July trading statement (reproduced below for ease of reference)? I am particularly interested in the text highlighted in bold. What are the negative sentiments/insinuations all about? Share Price Movement and Trading and Corporate Update Green Dragon Gas, one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, has noted the recent fall in the Company's share price and is pleased to provide the following trading and corporate update: · The Company's on-going operations and gas production targets are on schedule. · The Company's six Production Sharing Contracts ("PSC's") are in full force and effect with the required licenses. The operations continue at all six PSC's as planned. · The Company is well funded with over US$150 million in cash on hand at 30 June 2011. · The Company continues with its HK listing process as previously announced. · The Board of Directors has approved a share buy-back program of US$5 million. · Directors have purchased shares within the last month. · The issuance of 562,500 new shares from the convertible bond at US$8 per share announced on 15 June 2011 coincides with the share price drop. · Total shares traded since 15 June 2011 is 670,825 shares for a value of US$6.4 million. This has resulted in a drop of over US$600 million in the Company's market capitalisation. In view of the continued corporate and operational successes and with the Company's business plan, the Company is unaware of any reasons for the drop in the share price over the last thirty calendar days. The Company is however aware of erroneous rumours and factually incorrect information being dissipated by certain organisations which may materially have misled the market and some of the shareholders. Some of these organisations have been served with legal notices while the others are being evaluated. Cheers.
mortie1: Very quite board. Can anybody help me out here. Share price seems to indicate $10.5 to $11.5, but when I ask for a quote ( buying or selling) it's in the $6.5 range.
Green Dragon Gas share price data is direct from the London Stock Exchange
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