Market's view on I3 Energy
Published on April 2024
- Stock watchers have highlighted the volatility of I3E’s share prices with references to the company’s performance being affected by trading strategies and the actions of its Board of Directors, which some describe as corrupt.
- Concerns were raised about the possible misinformation and disinformation spread by certain participants, which could mislead other investors.
- It was noted that a significant investor, Shubham Garg, has increased his stake in I3E, signalling a strong vote of confidence in the company.
- Discussions about the company’s strategic focus on drilling activities were detailed, specifying that I3E is drilling two wells in Montney focusing on liquids and two in Clearwater focusing exclusively on oil, with further drilling planned in Central Alberta which could pivot towards oil depending on gas prices.
- There were references to the negative impact of certain participants on the discussion boards, suggesting they add clutter and negativity which could affect investor sentiment.