Share Name Share Symbol Market Type Share ISIN Share Description
Igas Energy Plc LSE:IGAS London Ordinary Share GB00BZ042C28 ORD 0.002P
  Price Change % Change Share Price Shares Traded Last Trade
  0.925 5.54% 17.625 9,303 16:35:22
Bid Price Offer Price High Price Low Price Open Price
16.50 18.75 16.70 16.70 16.70
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 21.58 -44.07 -43.37 22
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:00 O 13 18.35 GBX

Igas Energy (IGAS) Latest News (1)

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Igas Energy Investors    Igas Energy Takeover Rumours

Igas Energy (IGAS) Discussions and Chat

Igas Energy (IGAS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 15:28:0018.35132.39O
2021-06-18 15:18:1416.6015425.56O
2021-06-18 15:05:0016.6035659.10O
2021-06-18 10:58:3416.601,814301.12O
2021-06-18 10:10:5816.6020033.20O
View all Igas Energy trades in real-time

Igas Energy (IGAS) Top Chat Posts

Igas Energy Daily Update: Igas Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker IGAS. The last closing price for Igas Energy was 16.70p.
Igas Energy Plc has a 4 week average price of 16.20p and a 12 week average price of 16.20p.
The 1 year high share price is 30.50p while the 1 year low share price is currently 6.98p.
There are currently 125,135,446 shares in issue and the average daily traded volume is 635,743 shares. The market capitalisation of Igas Energy Plc is £22,055,122.36.
babbler: 100k share buy?
slogsweep: Whats with the price action - has some boffin come up with a scheme to convert methane into hydrogen?
burtond1: Malcy talks IGAS with Doc Holiday
thewealthofsocrates: So, this furloughed company has: 1] Large outstanding debts in the form of corporate bonds. Check. 2] Not traded sustainably at it's breakeven price. Check. 3] Bought back shares at ever dwindling share prices --aka self-short-selling. Check. 4] Tracked oil prices pretty well -- oil has dropped today substantially. Check. 5] GBP rising, earning were in USD: loss on forex. Check. Regarding [5] -- There will be consequences of GBP rise & the massive addition of furloughs public to debt: i] To justify strength in these bad times, rates will have rise again in good/moderate times. As soon as there is "growth" and we enter a "re-cov-ery", banks will start to claw back interest from loans paid out to governments, so rates will rise. ii] Inflation. So much debt has been monetized that the real inflation is perhaps on the order of 10 to 15% on the whole. CPI is inadequate at tracking realworld cash-flows. In fact, the real definition of "inflation" pertains to increase in the money supply, with asset price rises secondary, but which assets have risen and fallen? Ans: Everyday stuff, short term needs (with liquidity) has gone up slowly, but long-term illiquid assets have skyrocketed, especially housing and more recently gold, silver and bitcoin. iii] To banks, debt is money, an asset ...until it's not. -- Expect a selloff. maneco64 presents.. Bonds: Fixed Confiscation Securities. -- "So, what's the point with this ?" - I hear you say. Indicators & basic logic says that will be a rate rise in the near future, forcing companies to improve their credit ratings. They will do this at all costs because debt ensures that businesses' can do business. How to do this? Ans: Cut costs like share capital. They will minimize annual buybacks and no dividend or positive buyback will be issued/carried out, as long as they are paying fixed interest on the corporate bonds they've issued. hxxp:// --The status above says "redeemed". -- 10% PAYMENT, TWICE EACH YEAR, WHICH WAS UNPAYABLE FOR THIS COMPANY IN THESE TIMES, SO THEY SETTLED FOR A DEBT TO EQUITY DEAL. hxxps:// So, why has the share price crashed on a regular basis? It's not just because of the oil price, it's to do with financing. The bondholders were given equity, that is a right to buy at fixed prices. --So, they've been selling off the equity to cover their own debts, because for example: the financing institutions have lent out money that was loaned to them by account holders. They needed to cover their accounts quickly or go bankrupt. Question: Are any of these former bond holders now holding a substantial amount of equity in Igas? Answer: Yes. -- Major shareholders include: KOG Investments S.A.R.L. (14.7%) in Luxembourg, with it's EU finance problems caused by a keynesian virus called ECB-QE-infinity and Kerogen Capital (28%) that is seeking to divest from oil. hxxps:// hxxps:// hxxp://
thewealthofsocrates: I think people forgot to mention this. Not good. hxxps:// "The CEO of IGas had previously appeared on regional television explaining that this site was going to be developed for 12 fracking wells. The site sits above several major geological faults and the wells would run underneath a very large glass bottling factory – imagine the impact on the factory with the earth tremors that would be generated!" "The Ellesmere Port appeal decision had been expected to be announced by the local government secretary on 8 April 2020. But that day the Ministry for Housing, Communities and Local Government said publication had been delayed. Last week, a ministry email to IGas said the decision was “not expected to be issued in the next couple of weeks. Earlier this month, IGas accounts reported that annual losses had more than doubled to over £50m, following write-offs of shale assets in Cheshire, Warrington and Greater Manchester." - Another company has taken over the site? hxxps:// Placing coming up???
gold map: Fardels Bear - The Video link is for potential investors sitting on the sidelines, additional information you may have would be welcome ..... IMO Proximity of Cuadrilla ongoing drilling to IGas acreage should Lift IGas share price considerably WHEN Cuadrilla fracking of wells approved (by Department for Business, Energy and Industrial Strategy) & positive test results are available. Will also act IMO as a precedent for test approval at IGas Ellesmere Port existing well, were the only admissible excuse I could see (watching the video of local planning committee meeting) was, It was against the Councils sustainable energy policy (remember it was approved by the planning department and had an environmental study already done)
gold map: INEOS Upstream LtdCompanies House 25/06/18Strategic Report - "The present focus is on two sites, both operated by our JV partner IGas" ..... "first well due to spud later in 2018" IMO A committed JV Partner and Brent above $76 suggests IGas share price has a long way to rise. DYOR
gold map: IMO IGas share price oversold and on the turn. I suspect good profits to be announced 21st of March 2018
gold map: Fortunes of Cuadrilla and IGas are IMO linked - AJ Lucas (a significant owner of Cuadrilla) share price has risen over 70% since from the start of December, could there be some good drilling news imminent ? A viable Gas resource? Expecting a knock on effect on IGas share price DYOR
greatfull dead: Yes if Igas can get shale gas or shale oil going the share price will rocket. Happy to be in and added last week. IMHO Igas share price is cheap for new investors. ATB, GD
Igas Energy share price data is direct from the London Stock Exchange
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