Member Info for kenniGT

Thank you Investroid for explanation. Make sense.
The difference between us is I was starting 3years ago and lowered average by increasing risk and topping up. You were in strong position starting with big investment with good timing. Again, well done. Hopefully in the future I will be able to to similar move :)

Investroid, well done. I just do not understand how did you managed 2.65p avarage?

They are after ISA guys who topped first, and then wait for sp raise to sell 20k. But some can not wait long enough hence stoploss sells.

DoneK, at 20-25p I would consider slowly offloading.

And what is 8mln shares? I have 1.5mln :P

DL and Doremius will not sell Angus shares any soon

Pboo, will you be tankeramping Angus when production starts counting the trucks? as you do at HH?

Tankeramper is dreaming again ;D

Leave the guy alone.
He is in shock as his tweeter ukog tankeramper reports does NOT improve 80mln valuation. Ups 63mln after latest dilution news...

Leave the guy alone.
He is in shock as his tweeter ukog tankeramper reports does improve 80mln valuation. Ups 63mln after latest dilution news...

I did that earlier this year, after holding ukog for 2 years. Was lucky I did not lose any monies with ukog, not easy with such a massive dilution.

It explains the rise but.... when you click on tweet -> 7:48 AM - 18 Mar 2019

But from main site info posted 2h ago

Why?

Gift to new investors and gift to long term investors as well. I lowered my average massively.

6p? IMHO 10-12p easily.

Those are day traders...

Doubleheadedcoin IMO UKOG is not yet clear winner. One well only at the moment, vertical. Angus is not verical and penetrates more oil bearing layers ,and also will have plans to drill more. This is not a race. Both companies are trying to do the same but valuations are different at the moment. UKOG valuation is reasonable at 80mln, and Angus is undervalued with less than 20mln mcap. And again. UKOG still do not have production licence. Hopefully they will get it but it is long process and probably they need to go trough SCC... and we all know what a bunch of lazy mf are they. Hopefully at the end, both will come good.

Oakleek, I agree dilution give space to grow for the company, but like you, I was felling to much pain. Dilution puts the cost of grow on investor. Holding for 3 years I managed to lower my average from 3p to 1.4p... but dilution did the same. Mcap was back than also 80mln, it is 80mln now, which means I did not earn a penny... lesson learned. I will be more active now, moving my shares where I feel I can make profit. And I can always buy back when I feel it make sens. At the moment, too long waiting period. UKOG tankers are included in price. Angus future tankers are not included in share price. Good luck.

tkr234 valuation is the key

Ukog mcap is around 80mln. And that is about right with tankers going out from exploration site. Problem with sp is dilution. 3 years ago 80mln valuation would mean sp 3p+ simply as there was less shares issued. So there is no point to look at sp alone. Think what is company value and at the moment market thinks it is no more than 80mln.
This is why I sold my shares and moved them to Angus. Had both for 3 years, but at the moment Angus is the one who is under valued with less than 20mln mcap with 10x less shares in issue than ukog. When they sort out water issue there is no reason they will be valued less than ukog, knowig they have production licence. This means possible price jump x4. I can not see this happening with ukog this year. But I might be back 2020.

Who has at least 1mln shares? :)

Brilliant!
Very good to see they communicate with investors as promised!!!
I was skeptical about Tidswell/Lucan but it seams silence and false promised under Vonk are gone.