The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Keep your BOIL post to Boil platform!!.
[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........[f5].........
Come on UPL.
In the meantime I've bought some BOIL whilst we wait. https://x.com/StockBoxer_AIM/status/1790683831944577266
Standing by.............
Step in the right direction today, as surely listing/trading suspension will need to be lifted before placing shares admitted?
The placing was always going ahead. It was ‘completed’ on 26th April. read RNS
Obviously the shares couldn’t be admitted to trading on 6th May as was a bank holiday (ok oversight imo as every other market was open) and the shares then being suspended.
This RNS reads that results will be in next day or two and then we will relist after that once FCA give all clear.
Let’s just hope some actual contract news and not waffle gets delivered at the same time. This suspension seems to have unnerved a few in spite of the clear blame being on auditor . Be a shame for people to bow out at this hour when we have cash on the sheet and an evolving plan
It means the placing is going ahead as planned, and that the new placement participants have been assured material news is on the way....this is awful news for the shorters
Account or no accounts, what value is in there right now at this point in time with respect to share price.. nothing imo!!
We need news on PSC, Volumetrics, who the JVs are etc !! This is what will have any impact on share price not a dam account all imho.
My focus is PSC ,at least that will indicate we have an asset!!
GLA.
Well, since the last accounts were 30 June 2022, I'd like something more recent.
Until a signed PSC in favour of UPL Re SK334 there isn’t any thing to focus on .
@MrBigPiece I'm not talking down my investment; I'm trying to make sense of the RNS. UPL have a history of being sloppy with announcements, so is this just another example or should I expect accounts tomorrow and restoration on the 16th?
Leafie - if you are invested here, how come you constantly talk your investment / money down?
If it’s a mistake. It’s a howler of a schoolboy error. They specifically refer to trading and admission around May 16th.
...or same faces turn up to deny facts.
The same faces showing up to discredit the board on very minor details when they arent focused on whats going on in Sarawak right now, along with our huge SK3344 field!
In the RNS "Institutional Placing& Appointment of Joint Broker" the new shares were due to start trading on the Monday Bank Holiday "Admission of the new Ordinary Shares to the Official List (standard listing segment) and to trading on the London Stock Exchange's Main Market is expected by Monday 6th May".
So mistakes piled on mistakes or the 10 day delay was for a reason.
@The.Italian Yeah, probably just another sloppy RNS.
Isn’t this just confirming the agreed transaction date of shares to institutional investors. So it’s a transaction those shares at 3.3p. Presumably they were bought by the investors to sit on and not sell into the market for a quick profit. Also you would have thought they were fully aware of the suspension to follow only a few days later…So it would not of been a problem with their investment strategy if you are holding them. Plus would you invest 4m at this stage without having an insight of knowledge about what news was about to land…… ?? 😊
Hard to say,leafie. if i had to take a side i would probably go for a mistake, reproducing standard timescale wording and ignoring the suspension, but it does seem a little odd to make that sort of mistake.we will know by end of week guess.
".........and to trading on the London Stock Exchange is expected on or around 16 May 2024....."
C'mon UPL. Two more please!
RNS just released
Suspended for half the year? :@O
Year is 2022.
GLA.
Why can they not issue RNSs ?.. back when they were suspended in Jan they continued to release RNSs till they got re-listed for trading in June.
So is this any different?
GLA.