REMINDER: Our user survey closes on Friday, please submit your responses here.
Is this a green share, or is it a profiteer of non-green policies? I sense the latter
Generally if you're a shareholder and you haven't participated in a discounted placing, then obviously you feel a bit miffed. And myself I do somewhat today too.
But it takes a day or so to get over such a short term disappointment. So on a discouraging morning do ignore the pratts swearing about what, or they're not to going to do with their holdings first off. I say "Good riddance" to them!
For me the share price trajectory tells me everything that I want to know, despite any short term setbacks in alleged sentiment.
This share, TERN says to me "I'm going north!"
Many moons ago, in the 1970's and 80's , and when the likes of BP comes to mind, a major in oil wouldmake a knockout bid for a company they were interested in. The price offered was generous ruling out any counter bid from a major rival. The bidder wasn't messing around. They wanted it.
From personal experience existing investors said then "If only I'd stuck with these shares." We were kicking ourselves!
In the wings today maybe some large oil company may choose to replicate BP's approach if the numbers stack up on the output of UKOG's horizontal drills should these results be outstanding.
Shorters in UKOG are now probably ,and sensibly, less active these days with that destructive possibility for them in mind.
Time will tell
...or a team of mischievous traders has alighted on this one .... ramping it up .. doubling the share price in value ... dumping .. then moving on to a next victim on which to repeat the exercise.
If this is the situation then the regulators, each time unexpected sharp rises occur, should be singling out the participators of such blatant ramping, and then doing something about it.
A fat chance! Our securities policemen our probably sunning themselves in Tuscany etc rather than doing the job they're employed for.
For Mayan's sake I hope that this rise has some genuine substance behind it.
..mean maybe, but this fella has put people in, "in the know" into UKOG some 10% lower than the current price. LTH's haven't had the knowledge or opportunity to participate at 1.05p as well.
I have no sympathy for this bloke's speech impediment. His deceptive treatment towards LTH 's deserves all he gets!
In previous interviews SS spent all his time explaining himself " You know ... Portland ... you know .. is producing .. you know ... X amounts of oil etc. .. you know .. we .. you know .. have .. you know .. and so on.
He rarely does that now - the "you knows" these days are very few and far between. Check on earlier videos for this impediment
Either SS is now more confident, omitting this "you know" phrase, or he' s been to a psychiatrist to cure the problem.
I hope it's the former
Any thoughts on trades at 17.53?
All more of the same sadly.
Big hopes ifor mega oil n Lincolnshire... they never quite make it.
Wressle? Similar I suspect, never mind planning approval or not. Not much oil down below in this county I suspect
As an outsider chance UJO has possibly more potential if it's small Weald play proves to be successful if The Weald takes off.
No doubt I'll be corrected. As a Yellow Belly I'd love to be proved wrong
2.5 million at 2.047p at 5.15. Any thoughts?
In the past big oil companies have not played about when making a bid for a company they really want. They'll pay a handsome premium to thwart any potential higher bidder.
Take comfort in looking at EPO an AIM company with a share price languishing like any other. I hadn't a clue what they did.
Then along comes VISA with an apparent knockout bid. Very nice for EPO shareholders. Yesterday MasterCard waded in with a higher accepted bid. Wow!
Dreaming of the future when UKOG gets all its ducks in a row, what chances with it of rival "knockout" bids?
An RNS is the authoritive route in part satisfying lingering questions about the state of play for any listed company.
Chit chat released by a chief executive preempting a vital RNS is poor form. It's just sloppy PR and unconvincing.
Does SS have any reputable advisors? If not It's shameful
What worries me is that weeks before Broadford Bridge, when the share price was falling, TW suddenly got on the
bearish bandwagon, and in so doing accelerated the share downturn then.
You might not like it, but TW was right. Broadford Bridge did not live up to the euphoria that SS had famously heralded earlier. UKOGs share price moved sharply lower.
Now we have a further drift downwards, and TW is suddenly becoming vocal on UKOG boards, encouraging his bearish opinions and adding to the current underperformance.
IS THE SAME MOLE ACTIVE RELATED TO BROADFORD BRIDGE, TIPPING OFF TW ABOUT SOMETHING WIDELY UNKNOWN AVERSELY AFFECTING HH'S PROSPECTS?
If I'm wrong, then SS do be a man/female and exert your confidence and authority, telling ALL shareholders about what's going on at HH, positively, I hope.
If there is no statement from you, or a bearish one ... then you're dead meat SS
If shareholders reasonably content with the magnitude of their holdings built up over previous months acknowledge that the chances of adding more at lowish prices are remote, then expect action. They'll want UKOG's share price to rip away, sooner rather than later!
It wouldn't surprise me that they'd feed the likes of The Daily Mail on Saturday or its sister paper on Sunday with a well scripted version of the huge potential of The Weald Basin ... its impact on the UK economy etc. ... and above all on the undervaluation of UKOG's share price. It would make good popular reading selling the idea of our newly established oil wealth pre a BREXIT deal.
Press coverage not guaranteed to happen just yet - maybe a week or two out, but just a thought.