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Christine...so not a lot to drill a well when you read about the 'excellent financial health' spoken of in yesterday's RNS by David.
Many felt the last 0.30p dividend, over a year ago, was disappointing an as you stated yesterday a dividend will serve to attract new investors in the UK an USA
My poll is running on X still. Let's see what the vote comes in at with the shareprice still 8p below lasy year's AGM share price of 32p.
I’ve no doubt the divi will be the right fair amount, and I realise savings rates are now about 500% more than when i invested, so it will be about a balance that’s right for me, all of course once i actually become profitable again.. it’s been a while enduring the day to day shorting in the casino.
I do expect the doom reversal to come very soon with a rapid rise once the 100k+ buys and real demand happens. Its all looking very exciting at the moment for sure.
What sort of flow rate are we expecting from the Andrews 1-17 well?
Joking, I absolutely agree in the long term, I just prefer a small dividend as to a large one, using the cash to build the company first. A couple of small dividends along the way will encourage interest, a rising SP will get also reward shareholders. This could be an incredible year if we had a few wells producing in the US, the royalties appear to be returning a solid revenue, we have Wressle doing the same and if West Newton is mobilised, well. Just think about it x
It’s about yield v savings interest for me. i will adjust my holding over time to balance that. As an intended LTH, much as sp rise is great, that would no doubt encourage people with smaller holdings to sell. I don’t particularly desire to sell, but i’m looking for some income reward for all the interest lost over the past year.
I think it was 500k? Prob less than what a penny dividend would cost but the return would potentially ensure a bigger dividend further down the line. I want to see a little Union Jack Oklahome oilfield lol,x
What does one extra well cost in Oklahoma ?
Having read the blog from Paul this morning, I tend to agree, as previously I stated, that for me it is all about the share price and David doing whatever it takes to get that to 50p and more. This will only happen by investing in the right prospects to bring value for us all. Whilst a large dividend may suit some, in all honesty I would prefer an additional well in the US which would bring a far greater attraction for new investors than a large divi. A small one will do the same imo because there will be more, and no doubt better ones. I know this wont suit you Heid but I prefer to wait whilst the company pushes for mid tier. X
Karin thanks for post, but until admin deals with it, you can't get a proper discussion.
I think some of you are in some form of a trance.
'David of Devon... save your money...we love you...do not reward us.' 🤣
#UJO Every time I comment in comes the blogger..!! 🙄
My opinion is we should be awarded a much higher dividend than 0.3p when the maiden one was 0.8p
https://ujoukus.com/union-jacks-dividend-policy/
0.80p please - Agree Heid
0.30p poor pensioner Dave
https://x.com/Heid_oil/status/1780695456374501694
0.30p dividend 🤮 when we got 0.80p as the maiden first dividend ??!!
Absolute P take.
Meanwhile the board are banking £500,000 per year plus the other paid IT PR ?!!
What are we given the crumbs.
What is that blogger on ?
'union jack is firing on all cylinders although you wouldn’t know it by looking at the market which continues to stare aghast at strong revenue from wressle which is hoping to develop in the *****tone flags and the ashover grit formations.
management is wisely investing some of the wressle revenue in the usa where in the land of the free they have a significantly more pro-business environment and indeed ujo has already had a successful well at andrews and hope for more.
the revenues have also enabled the board to announce a dividend given the strength of the balance sheet and confidence in the future, what more could one ask for as a shareholder, well there are always a few who can’t see what is a well managed company with a great, growing asset base and fantastic opportunities for the future…'
i hope david does'nt offer a stingy dividend like the last one...0.30p please make it a real cracker like 1p
mr heid oil 😂 a man according to nurse nightingale who also labels me as a mental case
Lets get it all out there Nightingale. Make you feel better ?
Try opening your eyes to the small detail that really counted today. Anyone spot it ? I did. Hmmm.
6th April Nightingale :
Heid you will never welcome anywhere near this or any other investment. You have zero credibility, for years I stood up for you, with your never ending positivity, some of which probably persuaded me to stay in far too long. Then came the psychological display of a narcissist who decided that you was a world expert in everything oil and changed your name to Heidi Oil copying the infamous ChrisOil, €150 a barrel by Christmas the 1p UJO Christmas party all rubbish made up tripe from your deluded mixed up brainless head, It turns out you took your money out and stuck it in a safe saving bond and then attacked UJO and David again. We then find you actually don’t really have proper money and only a 30k total investment pot. Then yesterday the insults stop and you love UJO again, you really are a bored lonely housewife with no life and zero credibility. Good luck with your 1k UJO investment. No wonder you can afford to go on your expensive holidays as a ticket for one is always affordable.
She’s out, she ramped the share to death for years sold and bought bonds and then bought in again and I pretty sure she’s out again certainly doesn’t hold many as become negative again. One thing for sure Heidi couldn’t lie “straight in bed”. She’s probably not even a women!!!
Requires decisive action as they are lurking, laughing an banking fortunes.
Spreadsheet deployed.. i reckon 430k buys, 700k sells today.
Mmmmm
'Them' again.
Clearly clever an in the know. Been proven enough.
Let us hope the upward pressure soon beats them
My advice is to cancel the shares in treasury for starters young David.
And there goes another. who held all these millions of shares (at least 10million i reckon). Or where are they getting them from.
If true, then Funds will surely run out sometime soon.
I think for some time now we have had a Seller with an agenda. The timing of Sells have closely followed any BUYS, and happening too often to be a coincidence. IMO
Why there’s mega selling going on today. curiously the biggest trades are ‘sells’.
oh well, if they want to i suppose. just imagine if they hadn’t on todays news.
It doesn't make any sense Heid, I am totally lost x