One year ago at this time, FX Energy, Inc. had no equity research coverage.
Since then research coverage was initiated by the following firms on the
date indicated:
Pritchard Capital Partners, Ray Deacon, 6/21/2010
MLV, LLC, Kim Pacanovsky, 10/20/10
Macquaire ( USA) Equities Research, John Nelson, Matthew Lipton, 3/31/11
Rodman & Renshaw, Chad Mabry, 5/12/2011
Note that coverage started right after FXEN hosted one of our luncheons in Houston. EPG does make a difference and we are gaining a lot of respect in the Houston area.
FXEN is increasing momentum in Poland with two drilling rigs and three
seismic crews working as summarized by David Pierce in the FX Energy 5-9-11
conference call, available on their website: www.FXenergy.com.
Institutional interest is increasing as reflected in the larger trading volume.
> Alliance Bernstein has requested a repeat of their visit of last year to the FXEN Warsaw office with over a dozen major institutional investors.
> ING has requested a visit to the Warsaw office for all the Polish funds in which a major portion of the presentation will be in Polish.
> Macquarie had a successful visit to the Warsaw office and field operations with a large number of institutional clients last month.