Member Info for jlovie

Is UKOG expecting money from the govt. or just another of those apparently important LOS from them?

If there is a payout, what is UKOG going to do about the loss-making fossil fuels part of the company?

It's unlikely they'd be able to use grant money for hydrogen development to drill or develop fossil fuel wells.

If liquidity is a problem, then surely buybacks will only make it worse.

Is UKOG still expecting PPP to farm in to HH?

Has anyone worked out what the PPP deal actually means, and will they have to raise cash meantime to keep going till their deal provides income?

PPP website still down, so no info there. Weren't their accounts due?

Unlikely to get any help from DL, PPP is worth even less than UKOG & he's currently touting RRR on twitter as a 10 bagger (RRR tanked 20% today).

I like that they're not buying anything just to use the cash.

Too many companies I've held long term have rushed into bad acquisitions because they felt they had to buy something.

Too much cash is a nice problem to have.

Swatch down as well.

Has there ever been a company with a trillion shares in issue?

DL is too busy with RRR to pay attention to PPP, something going on at RRR.

https://www.lse.co.uk/rns/RRR/share-subscription-total-voting-rights-1sagppzaz93jcnt.html

Comprehensive update on his blog.

https://www.malcysblog.com/2024/06/oil-price-kistos-arrow-angus-echo-beacon-and-finally/

Peter Hargreaves has more pressing things to deal with, Hargreaves Lansdown, which he holds 20% of, is in a bid situation.

DL is busy with another failing company, Red Rock Resources (RRR).

c50% drop and a placing since he got involved.

More weird trades today.

25-Jun-24 08:14:53 1,615.00 -58 Unknown* 1,590.00 1,640.00 -936.70 O

25-Jun-24 08:26:56 1,615.00 58 Sell* 1,590.00 1,640.00 936.70 O

25-Jun-24 08:17:55 1,614.00 120 Sell* 1,590.00 1,640.00 1,937 O

25-Jun-24 08:14:53 1,615.00 58 Sell* 1,590.00 1,640.00 936.70 O

25-Jun-24 08:14:53 1,515.00 -58 Unknown* 1,590.00 1,640.00 -878.70 O

25-Jun-24 08:14:53 1,515.00 58 Sell* 1,590.00 1,640.00 878.70 O

Is that a fat finger trade near close at 1528p that should have been 1628p?

I wonder if Glg have closed their short yet.

Wish I'd gone in for more at 825p rather than trying to wait for 800p.

Could have been back out at 900p shortly after, which it looks like someone is doing on a large scale.

c10% every few days adds up to a lot over a year.

BK isn't even 50 yet, he might be more interested in running a successful company for many more years rather than selling up.

Bit of a bounce this morning, still a lot of £10k+ sales, but could just be quick trades from yesterday's lows.

And still a big quoted spread.

It hasn't changed all the after hours trade shenanigans.

Octopus is in the news today as major holders upped their stakes.

Has there been any hint that they may tackle the business market? I can't see anything, but the holdings was US news and the drop in Yu was just after US market open.

I can't see anything Starmer has said that would cause a drop.

That's a few days old, something else must be spooking it.