You gotta give it to the Irish Government - increase taxes on a business that does not exist - a very special group of forward thinking people!
mind boggling - long may it continue. Only another 4000% and I'll break even.
Does TOR Snr still have any of these? Maybe price is being walked up to scruuw AIB.
it makes NO sense that a share can move so much on such low volume!
We should be due an RNS later today stating "we have no idea why the price is rising"
Sobeit - I have figured for a long time that they would as tax credits that come with PVR would be their upside if all else failed.
I believe the Saudis have already fully undermined Fracking, it is just going to take little longer for frackers and banks to work out how to unwind this mess - the pumps will be kept turned on until they do, but there is a storm on the horizon in regards to ongoing financing of them. The threat of electric cars, or solar in general are many many years away. The % of power produced by solar will rise significantly over the next ten years, however, the demand for power will outstrip this. I am certain oil will climb higher, I'm just not sure that it will be a catalyst for a deal on Barryroe as we had this asset during US$100 oil and failed to monitize it.