The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The west are to blame for this mess Mirasol.
The protestors intimidated policy makers to rush the transition now they expect OPEC to increase production.
Well they can tweak it but thats about all.
Happy now are we ?
"We have West Newton too. Egdon don't."
which is probably why their SP is gradually going up...............
In all, I don't disapprove of UJO it's a good micro producer/investment vehicle, yes a lot of skullduggery has gone on, dilution and leaks etc but there is a purpose for small guys like UJO, allowing them to pick up stakes in small but potentially rewarding wells. But let's call it what it is.... a small company hoovering up small stakes in companies that institutions would not invest in, hence, why there is a market for UJO. Heid does no favours by trying to overplay the situation here
Fair enough eskib, if it's ii then they could just buy into all 3 same %. If a t/o by biggie they would want the whole lot 100%, which is tricky (&expensive) to acquire simultaneously.
However, this is significant revenue, compared to a year ago, so I am optimistic.
It has not been that long since the consolidation.
As pointed out, shares in issue is not that great, especially when you compare to other AIM companies.
I feel we will be looking at a special dividend.
A share buy-back does not make sense at this time.
Nor does the suggestion that the company will buy back shares and hold them with a view to sell later when the SP is higher. Don't think this is even permitted/possible
Miln I accept his correction and that was my mistake however the rest stands and is correct. As royo just typed, essentially we are an investment vehicle now Heid thinks, there will be a larger investment vehicle invest into us. Its just not going to happen. Especially considering all relative factors.
Eskib, will you acknowledge Gwyn's correction?
Is the tick tick referring to your ever decreasing time for the £1? Are you a man of your word and will depart when that never comes to pass
So you say eskibeatbeater.....
Tick Tock.
Cheerio.
They don't want to invest into a company that invests into a 40% micro producer. Its not worth their allocation or risk.
There is no 60% holder 30 30 and 40% to UJO
We have West Newton too. Egdon don't.
So why wouldn't they just invest in Egdon, the 60% holder and operator? Its illogical for an institution to invest into UJO who invest into Egdon
Because we own 40% of Wressle production generating US$ 1 million revenues net/month. This will increase substantially.
I am telling you that David already knows lots of the Wressle data, imo, my belief is it is super impressive.
Heid it's a tiny micro cap. Institutions will not invest in such. Isn't UJO an oil investment company. They don't own or operate any wells. They invest in companies that do. So why would an institution invest in UJO and not projects directly?
As above, institutions don't take on companies with £20 mcap and a trillion shares
To many shares....are you for real...take a look at other companys
I strongly disagree with your comments eskibeatbeater.
Of course institutions will be interested in Union Jack Oil with the income they are generating. A genuine investor would agree with me I am sure.
Two outstanding assets like Wressle and West Newton, followed by Biscathorpe.
The future is very bright
"Because that attracts institutions"
who normally can't invest in companies with a market cap under £100mm
It's simple, this stock has far to many shares in issue, far to much dilution. The last dilution killed this off in my opinion nownit barely moves when it does move. You would eed to own a vast amount of these shares to even make anything worthwhile.
Institutions don't want tiny micro cap over diluted side loading oil investment companies. They will want the actual operator et al.
"I note that royoboy had a post removed"? Really Heid, who here has the time or inclination to check up on Walter Mitty, or frankly yourself either?
David implied in his last interview that next step is to approach institutions now accounts out of the way.
I note that royoboy had a post removed, mixster. Great to see you post here as a respected very long term holder. How royoboy has not been banned from this board I never know. But the fools will be silenced.
Some spoof on here from the alleged LTH. You think the upcoming resolution is about share buy back. FMP.. how will that impact a sustained SP growth. Imho it about a dividend.. Why.. Because that attracts institutions and that is the only ingredient we are missing. Wressle is nailed on. West Newton was always about the GAS.. Nailed on. Biscathorpe.. Well we hit the wrong direction but I'm confident that will hit trumps. So the assets are in place.. All we are missing is institutions.. They won't invest for a buy back.. Seriously.. Buy give them a dividend and game on..
As always DYOR Right ;-).. Mix