RE: 9.45am tomorrow, judgment hand-down21 Jun 2024 09:04
Adrian, UKOG has been a dead duck for 5 years, but shareholders were too dim to do anything about it. The CEO should have been fired together with the Chairman. A company that was able to raise so much money should have been able to invest it wisely. Instead they spent the cash on mickey mouse opportunities whilst taking huge salaries, lying to shareholders as they went.
If you can do one thing right now, then stop pumping UKOG, go find a better junior O&G player (e.g. Syn) and stick with solid analysis and only invest in a company with a CEO that doesn't lie at every turn.