RE: 20 per cent up20 Oct 2023 08:59
ArgONut , ""Itβs all gone a bit quiet on here. 20 per cent up this morning. Yeah, Iβm invested. Iβve said it before, UKOG will turn around""
You didn't quiet get that sentence correct, "will turn around" "should be UKOG turned their backs" on retail investors !
The Outfit simply and clearly made a decision a LONG time ago, that retail was simply the cash cow for them, rather than the correct way of using funds to create upside for wholesale and retail investors. Though I can assure you that anyone on the wholesale side will not have lost money either.
What you should do, is go back through ALL the RNS's for the last say 10 years, and ADD up all the placings and fundings to date, it wouldn't surprise me if it totalled Β£80m plus, now, if they had not spent a penny and only stashed those total funds, then the current hare price would be 3-4p with the 21 BILLION shares in issue,
The leader has done well, lol,, he has decimated retail value, and pretty much flushed most of the money down the bog !!