AZ, you don't understand the mechanics of how AIM operates. Pi's aren't interest what's happening in July etc. These AIM dogs trade on sentiment and liquidity and right now UJO has neither. You might wanna try trading FTSE stocks, they have an income and most pay a nice dividend.
Zezzos, I'm surprised you even mentioned Wressle and Biscathorpe. I'd be wanting to keep quiet about those. Five million pounds raised (not including today's placing) in less than four years, had DB done absolutely nothing and just left that money in the bank this would be worth many multiples of what its worth today.
Everything they've done over the past four years has failed. It's just a lifestyle accessory for DB as he continues to draw a salary of c�70k and drive around in an XJ Jag all paid for by the repeated cash calls.
The master of dilution. He'll tell the apologists "no debt, fully funded, cash in bank" etc and then out of the blue hit you with a discounted placing. The guy has no credibility and delivers nothing other than cash calls which have decimated the sp.
It won't be long before this follows Toy R Us and Maplin into administration. The BOD have lost the will and just riding this out for every last penny. Money to be made on the way down as I don't see a recovery.
No ramping needed, the last RNS speaks volumes and anything in the 20's is a bargain. Won't be long before it's back in it's usual trading range circa 32-35p.
It will never be banned in the UK as the political elite/establishment are intertwined with fund managers. Black Rock pay George Osborne �650k in his "advisory role" basically to pass on market sensitive information. Nice little lucrative circle