Someone is welcome to correct me ...but from my experience of share buybacks there is usaully some sort of R N S released maybe daily or every few days in relation to how many shares have been brought back ....Off course if the share price has gone up without the proposed share buyback from a few months ago then that is potentially even a better situation of course!!
A great start to the New Year for Agronomics shareholders....I cannot think what other company share I would rather be in at the moment....with this type of upwards momentum during the first week of January one can only wonder where the share price maybe by the Spring or Summer.!! .🤔
I know it's early days into the second period of the share buy back and I hope I am truly wrong but I can't help thinking the Reabold Share Buyback is EMBLEMATIC of what goes wrong when this company is involved in what seems very promising at the start ....I mean the idea of the share buyback is usaully the case that less shares in circulation will should result in a higher share price 🧐
Not so in Reabold's case ...😱...The last share buy back that ran from early May to late July produced a share price fall from .018 pence to .011 pence ...( before the share went sub .010 ) . Maybe we would have been better of with MISTER BEAN in charge of the company...and even if he has messed things up at least he would have given us a few laughs while we watch the value of our share holdings go through the floor !!! 🤗
An immediate improvement would be just to have one C E O for the company. .....Why on earth should there be two handsomely paid two C E O making the decisions when in most companies there is only one ?? ....They maybe lifetime work buddies but that is simply not an excuse to be waisting shareholder money on this fact alone ....
The share price has been trading in a fairly tight range recently.... sometimes this can resemble a pressure cooker waiting to explode......Lets hope this is the situation in relatuon.to the Agronomics share price....
They should be voted out ......These two C E O s took part in a very glossy Proactive Video just before Victory was sold in which they claimed...That the value of the Reabold share price would be unlocked when the Victory sale was realized....Yes.. the value of the share price was unlocked , but not in the way most potential investors imagined ...The share price was unlocked to crash southwards after the sale....How can people such as these who make very misleading statements on Social Media and cannot even be bothered to apologize for what they say be allowed to get away with it ???....😡
I Would Say A Glass Half Full Day ......But At Least The Money Situation Is Finally Moving In The Right Direction..
Is no announcement necessarily a bad thing???.... Presumably if there is not an announcement in a certain time period...I would assume then the news would not be good .....The share price has made a rather fragile recovery from the recent lows ....Why snuff out this recover by announcing a bad R N S ???
Mr Uggy ...it is not necessarily a good idea for Reabold to issue an R N S on Monday in relation to the Shell situation unless the news is very positive...There are plenty off ham fisted examples of Reabold releasing R N S s with the best light being placed on situations that aren't going that well ( this especially applies to West Newton ) only for the share price to go into a catastrophic drop ... This is the last thing the rather fragile recovery in the share price needs at the moment.... Whatever one thinks of the two C E O s they are probably doing the shareholders a favour if they do decide to keep quiet about the situation.!!!!..
Away from all the negativity at the moment...one positive is that the share price seems to be currently holding fairly steady at the moment after the recent upswing in the share price...This type off price action can sometimes represent a pressure cooker waiting to explode once a decent R N S is received..
Let's hope there is a big upwards movement in price action very soon in order to give all shareholders a decent Christmas Gift !!!!..🤑
I except with good reason why some of the post will be negative here ...but you can't just accuse other people posting here off ramping .. without saying why they are ramping..Also accusing someone of being an insider because you say they have ramped has no validity unless you can prove beyond doubt they are insider ...In other words say who the person is if you are sure of your facts ...
Brought back into Reabold this week after doing the equivalent of running from a crime scene when the Reabold share price was in the low .30s ...Is it possible just for once I could be on the right side of a Reabold R N S .???🤯 Stranger things have happened in my life...Could the two C E O s actually appear to be competent???...The next Reabold cliff hanger is like a gripping soap opera in which a story of hope or disaster is waiting to be revealed to it's loyal followers !!😱
I have decided to do the same as you ( watch UJO from the sidelines while I successfully recover lost monies elsewhere) .....One major headwind is the .. Energy Profits Levy..Tax which is an additional Levy of 35% on Top of corporate Tax on home grown Oil and Gas Producers to which UJO is particularly exposed to ...Off course the timing of this tax came into existence at a very similar time that UJO has made a maiden profit....Add on to this is the talk if Labour win power next year there will be an even more punitive Norway style Tax on homegrown producers ....The tax can be offset if the oil and gas industry makes further investments but then this will come at the expense of the shareholders.
I should think many potential new investors will have been scared away from this sector....
It is interesting to note that from an interview David Bramhill did with share talk earlier this year in February , he was asked about the wide volatility in the share price over the last 5 years ...His awnser ( which is shortened here ) is ....Volatility is the name of the game with the majority of smaller cap shares .. Unfortunately we have no sway over oil prices , sentiment and Geo - Political events ......So what he is saying to shareholders is tough luck ....Nothing he can do about it .!!!!.....He also adds ( bearing in mind this is from February ) that with the company having an excellent cash balance this will steady the ship going forward.....He has achieved that okay but the ship he is referring to is more like a ..sinking ship ... especially when it comes to the trend of the share price over the last 12 months..... Personally I think he has been in the job so long he has become detached from the shareholders ....
I was thinking that now Wressle was up and running again this may bring a halt to the share price decline but even though it is UJOs main cash generator it seems to have made little difference....The best that the C E O can offer shareholders is words ..in the sense he agrees the share price is undervalued....when he is asked about this subject on one of the rather glossy YouTube videos about the company ....I personally think it needs someone younger ( or at least not in their 70 s ) who maybe more capable to attract new investors or maybe a take over would be the best way to remedy this dire situation..
Today ( at this moment of posting a message) the share price drops just under 5 and a 1/2 percent..... Exactly 5 years ago to today the chart shows a drop in the share price of just under 5 and 1/2 percent.....Maybe some type of Heyco style takeover would make a difference ....When the current board who are part of the UJO woodwork ( lets be honest they cannot let go ) are in their 80s can anyone really see them improving the situation...??
Had £24000 down the back of a Sofa ...So decided UJO was well worth a punt at these levels....This sort of reminds me of a miniature version of Gulf Keystone which had also stopped pumping oil but for completely different reasons ( for those unaware of the company they operate in Iraq .) ....The big difference this feels less risky as the tap has been turned back on and obviously third world politics is not involved....Onwards and Upwards UJO ....
The Reabold Norwegian Blue Parrot has arisen ........It is not a Dead Parrot after all !!!...( Aka Monty Python for those who have not a clue what my comment means )...
As a shareholder here I feel like I am the same as the owner of a Dead Parrot called The Norwegian Blue whom the owner brought from a Dodgy Pet Shop Owner ( for those who can remember Monty Python) ...You shout Wake Up Polly ..but nothing happens...!!!...Wake up U J O !!! But nothing happens here as well!!