Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Add a bit of;
"FOURTH YORKSHIREMAN:
Right. I had to get up in the morning at ten o'clock at night half an hour before I went to bed, drink a cup of sulphuric acid, work twenty-nine hours a day down mill, and pay mill owner for permission to come to work, and when we got home, our Dad and our mother would kill us and dance about on our graves singing Hallelujah
FIRST YORKSHIREMAN:
And you try and tell the young people of today that ... they won't believe you
ALL:
They won't!"
and you may get a good story out of it.
Congrat's Ninetails.
I got in three years ago as well, but was luckier.
Originally I bought to hold too, but sold on the sudden spike (sudden spikes make me nervous).
I hope my continual whittering-on about trading it may have had some influence.
But, regardless, I'm very glad someone else tried it and saw some payback.
Like you I smell BS whenever SS opens his gob.
But that can work for you as well, if you're trading.
If you know the opposite is going to be true, you can make an appropriate decision.
;)
I am relatively new to AIM, I previously held well known established stocks, bought through the bank with paper holding certificates, ujo and ggp were my first dabble on AIM, then ukog got my attention, and it was all to good to be true, after an initial punt and what I thought was research (listening to the CEO) I actually believed in the fundamentals of the company, after 3 years of continual disappointment and a falling s.p. whilst still naive enough to believe what the CEO was spouting, and continually averaging down, I had just about had enough but decided to have gamble, I fired a fair wedge in ukog at .20 and thought that would take my average down and be my last top up, then quite suddenly this board was flooded with new names ramping the daylights out of it, post after post and the price started to rise, I could not believe my luck, and it was luck, so I had a change of heart when the price hit.48 and I decided to sell what I had just purchased x 2 and managed to get a sale at .42 and after holding ukog and averaging down for nigh 3 years I finally saw some light at the end of the tunnel and if there’s another spike I might even get out with a bit profit, but after 3 years holding and averaging down it all turned for me in a day, I now do not believe in the company or one word the CEO says, but I took advantage of the all new super rampers that appeared that few days and played them at their own game, needless to say the round the clock ramping abated and most disappeared, then the usual service resumed, sp continually declining...
HeadInTheSand
I would hazard a guess many have lost more than they could afford to lose on this share without the research require before they committed the family silverware in the hope of super yachts and mansions.
Many also failed to minimise losses and these very people now sadly blame the directors for losses incurred .
Question. Why did people buy shares knowing Mr Sanderson had not.
Question. Why do these very people now shout from the roof tops Mr Sanderson has no shares.
Question. Did these people not realise that oil explorations is HIGH RISK
Question. Why didn't people sell at 7p, 6p, 5p, 4p, 3p, 2p, even 1p
Its time people took responsibility for their own actions and stop blaming others.
PS. Many have made money on this share, always winners and losers
Not chilled enough to offer an answer though...
I would hazard a guess you must be losing sleep over the directors not purchasing shares yet.
But i'm chilled Bro
Not going to hazard a guess, Lucky? Why not? Too embarrassed at calling this wrong, perhaps?
I reckon on four in a row of the board reneging. What do you think?
HeadInTheSand
BORING
...before the first Friday in October. You know, the day in each month where Sando and the UKOG board committed back at the end of May to purchase shares with their own (okay, PI provided) money in the company they're running (apparently into the ground).
What's the betting this time around? Will the directors FINALLY stump up some of their own cash and buy in. Or will they treat PIs with utter contempt for a 4th month on the trot and demonstrate yet again that they don't for one second believe in the prospects of UKOG (despite what they keep spouting whenever trying to extract investment cash from others)?
Answers on a postcard please...