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Oil prices have fallen on fears over the Omicron coronavirus variant.
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Oil prices could rise as high as $150 a barrel in a fully reopened world, according to Jefferies.Strategist Christopher Wood said supply constraints are likely to push prices up, given underinvestment in oil infrastructure.JPMorgan also believes crude could hit $150, if OPEC keeps a tight lid on supply.
I do appreciate your response Translator. Seen you posts on RBD. Looking more informed than nasty now!
Hang on.i just reread your post. I didn't specify the size of the institutional investor. You and Mickybee did.
So, I was right according to your most current post.
Phew... You had me doubting for a mo. Was nearly the Mickybee idiot.
Well, until I can prove my point otherwise. I will accept your point.
Thanks.
No were saying that no II holds 3% or more, its irrelevant whether this is in a nominee account or directly held. UJO can request a breakdown of shareholders from the registrar, but this is not obligatory but is often done ahead of an annual report..
The investors approached in the placing are likely to have been high net worth individual investors, brokers who punt them on to clients (often at a premium) and small "hot money" institutional investors who usually buy for a quick flip... there is no serious institutional interest in micro cap oilers.
Ok. So without trying to use verbal gymnastics, I can be correct that an institutional investor can hold in a nominee account under 3%.
Less, look at this the opposite way. You guys are telling me with all the shares on the market..... NONE are held by an institutional investor ( a entity that invests clients money on their behalf)
All shares are held by P.Is?
Come on Mickybee!
Yes an II can use a nominee account, but must still declare if they own more than 3%, just like any retail holder who holds theirs in a nominee account. The declaration is from the owner not the nominee account. All the nominee accounts listed are from providers of share dealing services, an institution would not use these nominees, as most have their own nominee accounts....
Ha ha ha heid tac do we have institutional investors
Iets put this to bed
Thanks Translator.
Am I incorrect that an institutional investor (an entity that invests on a client's behalf) can use a nominee account?
If the simply wall street site is reliable why does it show that Bramhill owns 3.7% of the company and O'Farrell 1.68%
Thats simply incorrect according to UJO's own published information, as of 28/9/21, Bramhill owns less than 0 .4% and O'farrell less than 1.5%
Thats simply incorrect, UJO have an obligation under AIM Rule 26 to list significant shareholders, which they list as
Barclays Direct Investing Nominees Limited 9.21%
Hargreaves Lansdown (Nominees) Limited 8.52%
Interactive Investor Services Nominees Limited 8.25%
HSDL Nominees Limited 7.6%
Interactive Investor Services Nominees Limited (SMKTISAS) 6.25%
Notic e that they are all NOMINEES, the Wallstreet site is simply wrong... and demonstrably so.
Happy to look like an idiot in your eyes Mickybee.
Seems like you don't rate UJO very highly as an investment. I do.... Which according to your criteria... Words.
Happy to be the biggest idiot in your villas. I have faith in my investment in UJO.
I can't list the instructions currently. I don't have that information. However, I shall keep looking.
So MF until you post differently to what is on the UJO official website you are going to look a total idiot , your choice
https://unionjackoil.com/aim-rule-26/ beyond a joke MF
Log in ?
What website are you on?
https://unionjackoil.com/
???
OK MF on your micky mouse link please post the majority shareholders < I have done for several times , but still you question UJO
Naughty, naughty Mickybee.
Who's avoiding now.
That's not a link to the UJO website.
That's the same information as I linked in simply wall Street.
Also, you ignore my points in my rebuttals to your attacks.
MF try logging into union jack oil , or is that too difficult?????
Significant Shareholders
Barclays Direct Investing Nominees Limited 9.21%
Hargreaves Lansdown (Nominees) Limited 8.52%
Interactive Investor Services Nominees Limited 8.25%
HSDL Nominees Limited 7.6%
Interactive Investor Services Nominees Limited (SMKTISAS) 6.25%
I have provided you the link. It details all major holders. Institutional investors can be held in nominee accounts.
I am quite sure placings where offered to institutional investors. My understanding is an entity that invests money on a client's behalf.
I have no reason to doubt simply wall Street.
You said the nominee information is on the UJO website. Can you provide the link. I don't see the information you claimed to provide
Like I said, don't be prickly. You know I am correct.
I have never once made a comment that is untrue on this board. I have only ever explained my investment case.
How is that ramping?
Not his company , remember that , if it was he would be a majority shareholder , remind me when he last bought any shares also
Some people forget who the boss is here sometimes and who runs the company.
David is not a stupid man.
Have a good evening.
Some things people post are way out of their depths , I agree MickyBee.
David would know this answer I should think. He can look at the register to see who has been selling down. He can also speak to the broker for even more information . That is my understanding.
No MF , just people who post things that are way out of their depth , simple question , who are the institutions that own 65% of UJO ?????
Usual board bullies. Attack UJO.... yawn!
Usual board bullies. Attack investors happy with their investment decision.... Yawn!
Usual board bullies. Yawn.