What is the hot and sexy word in the world of oil and gas right now? Shale deposits. They are going to transform the world as we know it and so any mention of the s word is bound to get investors licking their lips as if they had just been promised a sure fire night in the sack with the lovely Cheryl Cole. And so if you are a loss making company that needs to raise cash fast what do you do? Yes, issue an RNS headlining the word “shale.” You do not need to mention any pesky details like fees, revenues or cash, the “s” word will do, the shares will move ahead and you can get another placing away. This brings me to AIM listed joke company Vialogy (VIY)
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