consolidation and more funding next20 Oct 2021 09:47
They are going to need more money to expand over-seas. No money from the gusher as it is basically non-commercial. More funding can only come from the Pi and soon having too many shares already in issue, they have not choice but to consolidate. Then it is rinse and repeat.
We see here in todays RNS that UKOG is going to have to change its approach. It really is an admission of failure. These shares will be 0.5 soon enough. Then a 100/1 or 200/1 consolidation. With more confetti. Time to call it a day me thinks.