Member Info for 21ATS

I was under the impression SOLO stated they were still holding a significant number of shares of UKOG to their own shareholders?

Are you privvy to information the rest of us aren't?

A company has to make a profit before it can pay dividends.

The 11p situation was sheer insanity at the time and to keep referring to it is just winding yourself up. Like all others I wish I'd dumped a load of shares when it was at or close to double figures. But here we are now, with two tankers a day leaving HH and over 100 tankers in total.

The single biggest problem since the days of 11p is the sheer volume of shares added to the pot, dilution. Yes there's a lot of potential here, but that's all it is still, potential. We are still technically testing HH but enjoying the revenue whilst we do so. That is certainly helping.

The Mcap today is £70 Million. That's an awful lot of value based on the current testing/production of two tankers a day of which UKOG is receiving the lions share of the income.

All that said, I'm probably happier now with how things are proceeding than the BB situation with the speculative Mcap and associated share price.

This obsession with wanting weekly or bi weekly RNS's, demanding to know what's going on reminds me of my 20 year old millennial snowflake step daughter. Entitled and constantly needing reassurance.

It'll happen when it happens, this stuff takes time and it needs to be proven and right and produced with due diligence to stand up to the scrutiny of the institutions that we so desperately want to buy/invest into UKOG.

Do yourself a favour, stop watching the price like a teenager watches their smartphone, set a price alert, then carry on living your life. It will be less stressful all round.

He's mithering the Angus board now.

Remember the Millennium Bug? Planes will fall from the sky! Computers will go into meltdown, the world will end!.....blah blah blah...

What happened? Nothing.

Brexit is the Millennium bug 2.0

Get on with it, no deal works for me - then bash out the details with the countries that matter.

Don't know if this has been mentioned already but I was trawling through the posts on the SOLO BB to see if there were any mentions of UKOG holdings at last nights meeting and found this comment made by one of the BOD's of SOLO at said meeting :-

"We still have a large exposure in HH and will not be selling any more shares until UKOG SP has risen."

You'll find it on the "Investor Evening" thread posted by "bigbouble".

https://twitter.com/mgrahamwood/status/1065689183715557378

People require instant gratification these days. The Internet and social media created the phenomena, so the idea of watching something play out and coming to fruition is alien to many.

Look at the number of people demanding an RNS on a weekly basis to tell them what exactly? They're all as needy as my 20 year step daughter.

This will happen when it happens, of course I want to know what going on, but the fact that so many tankers have left HH means this is an entirely different scenario to last year.

We'll know when we need to know and not before.

My understanding (which I admit is limited) is UKOG are not obliged to issue a TR-1 RNS once any investors holdings drop below a specified level (3%).

However I think SOLO may be obliged to update it's own shareholders if they are disposing/have disposed of an asset. So we're looking for an RNS from SOLO rather than UKOG on this point.

I'm open to correction from someone more knowledgeable though.

Whilst UKOG are not obliged to issue an RNS (TR-1) re SOLO's holding since they have already stated they dropped below 3% holding. It's not beyond the realms of possibility that SOLO issue an RNS stating they have disposed of all/the bulk of their holdings in UKOG.

Come on people, I freely admit to being a novice in this, but it really takes very little reading to understand the basic market requirements.

Google is your friend.

I don't fully understand this obsession with "it's a buy" "it's a sell".

We'll know when SOLO are out, the SP will start rising as the market will need to entice people to sell their shares to fill the orders of those who wish to buy.

At present there's no compulsion for any increase in share price whilst there is a steady supply of shares available (from SOLO etc) to cover any buy. This is basic supply and demand, nothing more.

Today's liquidity gives SOLO the perfect opportunity to clear more.

Will they be obliged to issue another TR-1 once they drop below 3%?

And how did all of SOLO's previous trades appear on the share trades listing? Do you happen to remember?

Looks to me like SOLO have just cleared at least another 23,000,000 shares out on news today. That's a good thing, the sooner the overhang is cleared the sooner the share will be allowed to set it's own price on natural demand.

No doubt I'll be berated for that comment.

It could be no more simple than needing cash flow. There's no compulsion for them to sell everything but if selling a proportion funds their other projects and allows them to retain a toe in Horse Hill at that same time would that not be prudent?

Head says SOLO offloading, heart says new investor.

I could quite easily be either and will be an interesting event when it materialises.

Listen to StarBright people. He is a beacon of sanity in this madhouse.

I'm in still and things are starting to look promising but there are a lot of shares waiting to hit the market to cover the recent placement funded acquisitions.

I happen to believe yesterdays large transactions were also worked sells of these placing shares, it makes more sense than them being buys.

It's this ready supply of (placing) shares pouring onto the market that's keeping the share price suppressed currently. A combination of good news and the overhang cleared will allow the share price to increase organically.

I really don't grasp the hate that's aimed at people trading this share. I've been a holder since a little over 1p, seen it through double figures and back again. I'm here to make money, isn't that what we're all doing here?<br /><br />It dawned on me a couple of months ago I should be jumping in and out of this share with at least a proportion of my holding due to the volatility of the price. So that's what I've done, not daily I admit. I've so far managed to increase my holding a little and reduce the average. Not life changing sums of money but each time a few more shares.<br /><br />This is a good thing right? Why the hate?

http://www.valuethemarkets.com/index.php/2018/07/31/aim-chief-exec-lofgran-breaks-ranks-challenge-market-makers-naked-shorts-ntog/?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork