Email Facebook Twitter

Exclusive: Hayden Locke, CEO Emmerson plc, a low cost high margin potash investment
Richard Slape, Oil consultant - Avoiding Losers and Picking Winners, his personal strategy

Share Price Information for Independent O&g (IOG)

Share Price: 19.125Bid: 18.75Ask: 19.50Change: -0.125 (-0.65%)Faller - Independent O&g
Spread: 0.75Spread as %: 4.00%Open: 19.25High: 19.25Low: 17.75Yesterday’s Close: 19.25

Independent Oil & Gas Plc Ord 1P

Independent O&g is listed in the FTSE AIM All-Share
Independent O&g is part of the Metals sector

Share Price SpacerPrice
Share Price SpacerBid
Share Price SpacerAsk
Share Price SpacerChange
Share Price SpacerVolume
Share Price SpacerOpen
Share Price SpacerHigh
Share Price SpacerLow
Share Price SpacerClose
Share Price SpacerCurrency

Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 126.87m £24.26m 20,000

52 Week High 35.50 52 Week High Date 24-SEP-2018
52 Week Low 10.35 52 Week Low Date 25-FEB-2019

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
25 194,656 160,520 -7.650 -2.50 0.00 0.00

Trade Prc

Trade Type:

Trade Type:

Trade Type:

View more Independent O&g trades >>

Directors Deals for Independent O&g (IOG)
Trade DateActionNotifierPriceCurrencyAmountHolding
Trade Notifier Information for Independent Oil & Gas
Mark Hughes held the position of COO at Independent Oil & Gas at the time of this trade.
 Mark Hughes
26-Apr-18Exercise of option
Trade Notifier Information for Independent Oil & Gas
Mark Christopher Routh held the position of CEO at Independent Oil & Gas at the time of this trade.
 Mark Christopher Routh
22-Aug-16Exercise of option
Trade Notifier Information for Independent Oil & Gas
Paul Murray held the position of Non-Executive Director at Independent Oil & Gas at the time of this trade.
 Paul Murray
View more Independent O&g directors dealings >>

Posts: 1,412
Opinion:No Opinion
RE: Radio 4 report
Today 10:53
600: Yes - it's certainly a pain I could do without - and got £7k tied up there - and for well over twelve months to date - remains to be been what sort of haircut will be forthcoming at the end of this shambles. Ironically, FCA will undoubtedly to taken to task (most likely via the Ombudsman) because they closed the platform due to it not having the correct having permissions - although on the FCA web-site portal it said they did - hence even with proper DD folks have been caught out. Maybe this story is giving you a bit of deja-vous - the FCA are already under direct scrutiny by the Parliamentary Committee for having a seriously and consistently out of date (AKA: crap) listing of authorised entities on their web-site. Only recently they were ordered to pay significant compensation to one poor bugger for a similar incident - in my case this is likely to become a class action against the FCA (there are some serious HNW individuals involved) - still, that's my problem.
Moral of the story? The FCA are bloody near clueless and useless - as one wag recently said 'it's the last vestige of employment for those who can't make it in the private sector'. Second, being an Administrator is a license to print money - and their prime concern is for themselves (all this client comes first is bollocks - as I'm finding out the hard way.
All IMO of course
Posts: 1,158
Opinion:No Opinion
Ambiguous RNS
Today 10:30
Who?- Mark Routh? and will he have to announce change of holding once admitted?
More importantly why? Because whoever it is sees significant upside and wants to be in with significantly higher voting clout before any suspension/ dilution/ hostile offer refusal or...… sees significant downside and wants to cash in by exercising and selling before the same?
I wish my clairvoyant skills were as good at picking lottery numbers as they were by asking over the weekend in my long post why RRE hadn't merely bid for LOG assets only for it to be confirmed on Monday 7 am via RNS that they had.
The tone of both RRE RNS's regarding this have been in my opinion unnecessarily aggressive- if you make an unwelcome offer you are unlikely to receive co operation outside of the legal minimum. The attempt to bring in creditors of LCF by suggesting that S+W are acting outside of the law, threatening legal action and reporting them to every acronym you can think of is rather distasteful. S+W are a very distinguished firm with an enviable history and enough knowledge to understand the parameters in which they are empowered to work- if they are confident enough to tell their employers the creditors that this is the best deal for regaining as much of the creditors money as legally feasible, then it would immediately have to have been accepted; the Creditors do have a chance to vote on this at the end of the 3 month period, but if S+W felt RRE were offering the best opportunity of recovering the highest percentage of owed funds they would have to put it immediately to the vote and not wait; so far they haven't, but again are empowered to change their mind if circumstances change. So far they have stayed firm, as have the creditors- perhaps the latter are now as suspicious of RRE as they should have been of LCF or as prescient as LOG were in getting involved with IOG - when in the middle of a take over of Marathon and with your shares suspended it is certainly a novel tactic to be taking on the regulators and using such intemperate terms in an RNS.
I suggest today's early sales are RRE investors who piled in here on the original news and have now taken their profits as it looks unlikely to go further. The SP has been pretty strong given the uncertainty.
I would like the Board of IOG to start pre empting not reacting to RRE, but hopefully they are too busy working on the alternatives to bother with maliciously written attacks on both them and S+W.
It was written yesterday this could get nasty- it has been nasty since the start and is unlikely to improve. IOG have been given a lifeline by S+W in their refusal to deal with RRE; that is not until the end of June when the next repayment is due, it is until S+W have to go to LCF creditors during May. There is also April 2nd, an offer from RRE and how their indication to offer is regarded ( 6 month ban) given subsequent behaviour without buying significant shares on the open market via Cantors
Posts: 973
Opinion:No Opinion
RE: Radio 4 report
Today 10:00
Firstly Fast_ted I ‘feel’ we are possibly going to get funding news soon and maybe before the end of next month, been wrong many a time but I think the team here must have something brewing to have the backing of the Administrators.

rxdav, sorry to hear your bad news with P2P. Sounds worse than S&W for sure. Administration is like a licence to print money for the liquidators and it is always a question of their making, and getting, the first slice off the cake. The six month review will be interesting but with saying two years before the bond-holders see any return, then that must surely mean the Administrators are taking the longer term view and that must surely be based on IOG, or another, developing the assets we hold. IMO, I think ouR BoD and management team are pretty well placed to see this through to First Gas, and beyond. I wish we still had Mark R with us, I’d be even more confident. Still expect a good return on my holding. Time will tell.

Posts: 1,412
Opinion:No Opinion
RE: Radio 4 report
Today 09:41
600: Whilst I hope it's the case, I would caution against taking that two year comment to be linked directly to IOG's progress or otherwise. I'm currently involved in an Administration of a P2P company (Collateral) and I'm seeing at first hand the glacial pace at which they work. At some £500 to £1,000 per hour and very few ways except via a court directive to control their costs it's seriously in their interests to take it nice and slowly. My situation, whilst complex insofar as the appointed Administrator BDO (no small outfit) who were appointed by the FCA (with no tender process) and after a Court battle to fight off a previous pre-pack Administrator knew diddly squat about P2P and its unique nuances (this has become blindingly obvious). Nevertheless, this is, by LCF standards, very small beer - and we are already in the second year of Administration (and with no end yet in sight). So, just a word of warning from one who is currently witnessing directly the extortionate prices charged by Administrators and the speed or urgency (or total lack of it to be precise) at which it is to their financial benefit to work and progress.
All IMO as ever
Posts: 175
Opinion:No Opinion
RE: Radio 4 report
Today 09:28
600T - does tie up with first gas based on FID being announced imminently. A positive sign IMO. GLA
View more share chat for Independent O&g (IOG) >>

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.