Member Info for Mkx007

Based on my last investments entered in 2017 - still holding and will hold until minimum 2021.

Short term trade maximum 2 months. Burford I think I held for 3 weeks.

It was my understanding that we have all the money we need. There is no need for other funds as we have them in the bank at the moment and have the ability to close some of the other holdings if something better comes along.
Anyone doubting the IPO portfolio...you are aware of what is happening with Brexit. It's a bad time to be looking for investment...these will come good when they are good and ready. This is an investment not a short term trade for most of the LTHs.

Back to 22% serious the MM's need to sort this out!

No. See my post from earlier - clearly explains why this is not the case.

That's what I thought. I have a small holding in VAL (was £1k at circa 4p) now basically peanuts. Waiting for it bottom out and average right down as the technology is there.

RGO should benefit from this. I believe they are currently funding UKOG which has a ton of oil in the ground and due a huge re-rate. If they are holding assets then they will be laughing with their share.

As per the info at different points on this board. There is no need to redeclare between 5% and 10%. I think you'll find that 6.95% and 9.43% are both within this range. At last declaration (TR-1) it was known Woodford held 9.43% therefore another TR-1 would have to use this as a base point regardless of whether in the interim it dropped to 6.95%.

Now it has dropped below 5% therefore triggering an RNS (TR-1) we see what is confirmed above. approximately 7% shares transfer to another holder (Blackrock) in part or entirety. Any remaining would be below this 5% threshold and not require a TR-1.

Another Buying opportunity to buy. Woodford would be dumping the position but that will be followed by a huge rise once the seller is out.

That said an update from the open cases will be driving additional growth

Just read the RNS, would be interesting to see when the "results" are due. Fairly sure they have been due in the near future for at least the last 12 months.

You still in? There was a 7m sell 5 days later.

Close in enough...was in the right order haha

Got to be a placing...there is only one reason why this company would rise like this. Gonna be like a billion new shares issued.

Very pleasant seeing the open this morning. +5% already, targeting circa 15% return on this tranche so watch this space.

Share consolidation prevents MM manipulation and encourages investors. Currently the daily spread is 27% meaning new investors have to take a 27% loss on buying the stock - this should improve with the consolidation, happy to see it.
The money back only accounts for £250k, I would love to see a buyback as well so that the company can keep the shares in the treasury for when Engage and Weshop come through next year. Sell the shares at 2 or 3 times market price today and pay a nice dividend on the profits of the others.

I thought so too when it popped on the screen.

Got mine at 768.70, lets see if this trading pattern continues. Back up to 850 next week. Easy money

To be fair I wouldn't say no to selling my holding back to them for a Tally holding.

As long as the transfer price was at about 10p/share

It's in the RNS's from the flow test the late 2018 early 2019.

They replaced the valves to a larger one as the sustained flow rate was at the maximum the value could take. They increased it and the flow rate increased over that period. They then ran out of time to test anything larger but those are facts. Everything since has been choked back due to production limitations by OGE - who have incrementally increased it for UKOG due to delays in planning.

Once they complete the drilling they can put on some serious equipment and we'll see the real potential.

You've also completely ignored the fact that the HH and Portland were choked back as the flow rates were too high for the valves in place. The changed the portland to a bigger pipe and it still maxed it out. We have no real indicated what the flow rates are as the only thing we've seen is sustained flow test bringing the lifting to near maximum and then choking it back again.

Exactly. But that was definitely over hyped. We exited that play very well. Everyone associated with HH is struggling

A$500k back in our hands ready for the next investment. A$500k profit plus the interest in share.
Very impressed.