Member Info for jlovie

UKOG's biggest liability is SS.

Subject to regulatory approval.

"Following the execution of the SPA, energy B will pay a deposit of £100,000, out of the proceeds of the Placing. The balance will be paid upon certain conditions being satisfied. Such conditions include, inter alia, approval of the Acquisition by energy B's shareholders at a General Meeting and consent by the UK petroleum regulator. Such consent has a statutory timetable of 90 days, and the SPA contains a longstop date which may be extended at the discretion of the parties should statutory approvals take longer than expected."

https://www.aquis.eu/stock-exchange/announcements/5773114

Is anyone expecting Energy B to pay in cash?

I suspect some shady deal for Energy B shares that can be overvalued in the accounts.

Death spiral financing now, I can't see this ever trading again.

Live price on Google Finance.

NASDAQ: SPCX

This is what my HL email says:

As per the Allocation Policy for UK retail, investors in the Retail Offer who applied for up to 20 shares have been allocated in full, rounded down to the nearest whole Share.

Allocations were capped at 1,000 shares. This means if you applied for more than 1,000 shares, the maximum you could receive is 1,000. If you applied for more than 20 shares you were allocated 21.13% of your excess application up to the maximum of 1,000 shares.

Similar here with HL, applied for £2200 got 20 shares c£2000

So much for securing PPPs future for many years to come.

https://www.lse.co.uk/rns/PPP/revenue-deal-signed-and-5050-lithium-and-gas-jv-y4ig0qt6fpgpdgt.html

Who'd have thought they'd end up giving it away.

"No, you can elect a cash alternative."

But you could still end up with sone Intralot shares.

· If valid elections for the Cash Alternative Offer are received from evoke Shareholders in respect of a number of evoke Shares that would otherwise require the payment of an aggregate amount of cash under the Cash Alternative Offer in excess of the Cash Alternative Offer Cap, such elections will be unable to be satisfied in full. In these circumstances the amount of cash to be paid to each Electing evoke Shareholder will be scaled back down to equal the Cash Alternative Offer Cap on a pro-rata basis and the balance of the consideration for each such evoke Share will be satisfied by the issue of New Intralot Shares in accordance with the terms of the Shares Offer. As a result, Electing evoke Shareholders will not know the exact number of New Intralot Shares or amount of cash they will receive until settlement of the consideration under the Acquisition.

Looks like it, reversed later.

28-May-26 09:56:46 388.00 2,000 Sell* 385.00 395.00 7,760 O

28-May-26 09:56:46 288.00 -2,000 Unknown* 385.00 395.00 -5,760 O

28-May-26 09:57:00 388.222 200 Sell* 385.00 395.00 776.44 O

28-May-26 09:56:46 288.00 2,000 Sell* 385.00 395.00 5,760 O

Google finance is showing a £2.5k 288p trade at 9.57am

Fat finger?

The buy/sell status shown here is only an estimate based on bid/offer price at the time the trade is printed, so the total buys/sells may not be accurate.

You only have to look at the large 'unknown' trades to see that the totals aren't enough to base any sort of theory on.

It's turning into another UKOG

I'm just surprised UKOG didn't try to get involved in bitcoin.

Space is all the rage just now so maybe they'll announce a study into launching rockets from their unproven salt cavern sites.

Or looking at breaking trends, maybe host an Angine de Poitrine concert.

I've been in over 5 years and it's now bagged for me. Nice dividends along the way too.

Could be doing with a few more shares like this in my SIPP.

Is UKOG going to be the company with the highest number of issued shares?

Are they aiming for one trillion?

You just have to ask AI the right questions.

Will I lose a lot of money if I invest in UKOG?

"Investing in UK Oil & Gas (UKOG) carries a very high risk of losing a significant portion, or even all, of your invested money. As of May 2026, the company is categorized as a highly volatile micro-cap penny stock trading on the AIM market, with a history of substantial shareholder dilution and share price declines. Key Risks as of May 2026: Production & Legal Issues: UKOG's main asset, Horse Hill, saw production suspended in late 2024, and the company has been fighting to regain planning permission, leading to a "limbo" state for its primary revenue source. Financial Distress: Recent reports indicate shrinking assets and extremely low cash reserves, often operating with less than a year of cash runway. Dilution: The company frequently issues new shares to raise capital (e.g., a 292% increase in shares outstanding in recent years), which severely dilutes the value of existing shares. Shift in Focus: UKOG is transitioning towards hydrogen storage, a speculative strategy that carries its own long-term risks. Stock Performance: The stock has underperformed, with recent analysis suggesting it is in a long-term falling trend with high volatility. Conclusion: While some speculators might hope for a turnaround, the company has consistently destroyed shareholder value, making it a "high-risk" investment where losing a lot of money is a very real possibility

Averaging down could mean only losing 50% on a 2nd tranche instead of 90% on a 1st tranche.

In Trump math that's a 40% gain!

Shorts reducing now. I wonder if there'll be some recovery in SP.

Spotted this in a newsfeed.

'JD Wetherspoon was a high riser after an upgrade to ‘add’ from ‘hold’ at Peel Hunt.'