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Pi are becoming more and more aware that AIM companies rarely if ever monetised their asset. They get a listing to raise money and make money from selling shares are an ever lower price until finally people stop investing after being wiped out.
Do you think this will be the last fundraise? Do you think the share price has hit bottom and its a good time to top up? When they issue to many shares and the price falls below nominal value it is consolidation time and it is rinse and repeat. Beware of the name change or new diversification. All ways a tell tale sign. The end here will come in administration with all past holders completely wiped out. This is how AIM works.
Where is earl of shame??
He was ramping this to high heaven.
Charlatan !!
* Admission taking place by no later than 8.00 a.m. on 18 March 2024 (or such later date as the Bookrunner may agree in writing with the Company, being not later than 8.00 a.m. on the long stop date. If any of the conditions are not satisfied, the Placing Shares will not be issued, and Admission of the New Ordinary Shares will not take place (we can still vote against this and try to block this).
I went with UOG as BL and his crew were ex-Tullow and knew how to run a developing oil company.
Boy was I wrong;
Just another lifestyle AIM company.
Please can someone explain in layman’s terms what this means now and going forward
Well done BL (0.23 to Buy), hope you’re happy for destroying peoples/families heard earned cash/saving
We've been completely shafted !
I am speechless.
We have few large holders who are planning to vote against this on the 15th March. We shouldn’t accept this and do everything within our powers to block him (imo). This is the biggest slap in the face and kick in the nuts to say the least for all the shareholders. He is an accountant and cannot try to F*** us all like this after all the bad news and utter failures we received. Do we have any more holders here who feel the same?
I hope noone got suckered into Earl of Pumps post especially after that placing RNS.
No. His called was the ukog
You called it.
Ilovesushi
Happy birthday to you
Just hit me...
You know its okay to say it when you've posted on the wrong share
My apologies for being spikey this morning
Close to year low now any chartist around?
Look at the number of shares compared to other companies in the same field
You'd really want this cheaper?!
What on earth are you on about?
This type of asset sells itself to potential partners
Go spout your crap elsewhere
But to do that the company will need to consolidate its shares. To consolidate the shares it is the Pi that needs to approve the resolutions in the GM.
Who would vote to dilute themselves off the map? Why would Turkeys vote for Christmas?
Hopefully some action here next week
2 bags would see this at ?10mil!
Mention of being approached by potential partners.. not surprised worse places to turn up for oil drilling
GLA
Bring on next week
Behave yourself 666 and I might just take you with us to JA when this baby skyrocket
😱
Just kidding😂
If I would stay in the sun I will get darker than the oil that Jamaica have
Simply google Jamaica - oil discovery
Blimey
all these years if people just looked under the sun lounger towels
Hah ha How did they all miss this?
Life changing opportunity here
Amazed such little interest
Do you own research of course
Can't fault the potential
Give over GH. You were encouraging one of the lead pump and dump crew when it was on here spouting absolute drivel. You could see what was happening but it was making the SP rise a little bit so you went along with it.