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Sounds to me like you've experienced that very same scenario.
Anyhow I'm now 15 million shares deep in here, and adding more today.
And ‘Whotits’ stained fingers…
prainey
:-))ROFLOL...You know ZILCH dude.
prainey enjoying a good salary and bonus.........
oh no not that old chesnut once again...prainey you are a a super hampton
SS Running rings round this lot,they are stammering and stuttering.
prainey Comments on some two bit board do not keep the sp down
Especially by two bit derampers like yourself...have not read anything useful ever posted by you...glah
Useless derampers. Couldn’t keep the. S. P down.
'if they knew Turkey was a duster '
They had only drilled 367metres by the 1st July. See their 'good progress ' tweet. They could not have known it was a duster on the 2nd July.
The reason I think is clear; they knew a placing at 0.18p was in the offing.
Price to pay on 2nd July was up to 0.24p.
Its all very unsatisfactory as I do not think you can just pick and chose whether to buy in such schemes.
One is left with suspicion that the promise to buy shares was a hollow promise to encourage support for their resolutions and that, once the votes were in the bag, they shamelessly reneged.
Is it possible; even credible, that all directors had a special circumstances that stopped them buying on 2nd July?
UKOG offered no explanations .
By next week we will know for sure whether directors are buying.
ScottyK: you could be right. There was no point in buying last month if they knew Turkey was a duster or the equivalent. If there’s no more bed news imminent, Friday could see some Director purchases. As HITS said, anything is possible with this.
Good morning OofyProsser.
Yes. My bad. Its the 2nd of the month that I was looking at. July missed without explanation.
Sorry, Cyan2, missed your correction.
Cyan2: ocelot is right in this instance, isn't he? It’s not 2nd of the month, it’s the first Friday of the month that they've committed to buying shares.
The commitment did stipulate that individuals’ buying would be subject to their individual circumstances. It’s thin, I know, but it’s a get-out.
Sorry , my mistake ; First Friday of August is the 6th.
UKOG should notify TODAY if they bought shares yesterday . Read here;
28th May 2020
"Upon commitment to the DDSPP, which is expected to occur in the open period following the publication of UKOG's interim results, due on or before June 30(th) , 2021, the director will purchase shares from the market on the first Friday of each month for a period of 12 months. Consequently, the first DDSPP purchase is expected to occur on Friday July 2(nd) , 2021 and the final purchase on Friday June 3(rd) , 2022.
Upon entering into the DDSPP in an open period the director will be committed to make the monthly purchase of shares under the programme in what otherwise may be a close period. Entering into the DDSPP will not preclude the director from buying additional shares in the Company during open periods. The director will be able to enter a new DDSPP upon completion of an existing programme.
The market will be notified of the share purchases under the DDSPP on the next trading day via a PDMR: Director's dealing notification. Further details will be issued in due course."
Upon commitment to the DDSPP, which is expected to occur in the open period following the publication of UKOG's interim results, due on or before June 30(th) , 2021, the director will purchase shares from the market on the first Friday of each month for a period of 12 months. Consequently, the first DDSPP purchase is expected to occur on Friday July 2(nd) , 2021 and the final purchase on Friday June 3(rd) , 2022.
If the DDSPP has been postponed by a month, it is, therefore, this Friday that the first purchases should be made.