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GW71:-
Sentimental claptrap - I don't care much for UKOG or for that matter any company I have invested in.
I use them to make money whether that is short or long term.
UKOG was short term and I traded the ass off it - Sanderson sold the dream to everyone (Gatwick Gusher) but some saw it for what it was - a vehicle to make a bit of cash.
People only have themselves to blame if they are stuck in the mire of the AIM.
UKOG is not the only pup being peddled as the next big thing.
Foofgal "et al",
As you are all aware the Stock Market in general is nothing but a gambling platform.
Don't blame Sanderson for your poor investing decisions.
Irrespective of his salary - many more on AIM are doing the same.
The hard cold facts are that many on here thought they were on a get rich train and ploughed money into it.
I did the same but I used it as a Trading opportunity and it did me well.
I also had the good sense to realize like a lot of others on here that UKOG had run its course and was doomed and I therefore sold up and I now sit back and read the Daily Drivel on here.
Stop whining put your (so called) money where your mouth is and sell up and take the hit on the chin.
This is the Stock Market and its bites hard
You are all adamant that Sanderson should go BUT who replaces him and more to the point who would want to take over !!!
Divestment:-
This happens when a company sells off some of its assets. Whilst a divestment can be an effort to streamline a business, forced selling of assets, could result from threats, of regulatory or legal action such as bankruptcy.
We shall see very soon - Does not look good.
Complete drivel - why do people like you post this nonsense
No need to let everyone know that a RNS has been issued we all have "alerts" switched on
IMO Sell what you have now.
They will have to suspend imminently to protect what is left of the assets - then we may get a de-listing.
My view is they will fold after receivership.
1,000,000 shares for approx £440 - WHAT GREAT VALUE.
Why are you all still debating this pile of doggy do do.
The End is Nigh
HaHaHa,
For £1 you get approx. 1540 shares.!!
When you start getting 154 shares for £1 then it may be worth a punt but for now it's a better bet to have a pound on the Thunderball - The odds of a return are way better !
Please can I have some money to keep me going for another year !!!!!
People need to realize that buying 1562 shares for a £1 is not a good investment choice, even more so, when UKOG are hunting for cash to stay afloat - the End is Nigh.
Cut your losses and get out !!!!!
UKOG are going to struggle to obtain financing and suspension looms !!!
How are they still in business ?
9Tales:-
Well good for you - they can't be that great or they would not be pontificating about this pile of cack.
Just checked in and it would appear that all the kids are having a handbags at 10 paces playground spat and when they are not doing that they are trying to bamboozle each other with lines of inane drivel & reams of intangible figures & trades.
Must go now as I'm off to the pub - Will check in Monday to see who has thrown the Teddy out of the highchair first. !
IBug:-
Your last paragraph :- ""No wonder there are so many LTL's here""
1) Are there many LTH's on here - who knows & who cares ?
2) Are the any oil experts on here - who knows & who cares ?
3) Are there any AIM experts on here - who knows & who cares ?
4) Are there any Rampers or De-Rampers on here - who knows & who cares
5) Are there any wind up merchants or agitators on here _ who knows & who cares ?
6) Are there any idiots on here - YES - bucket loads of Kindergarten standard
7) Is UKOG doomed - in my opinion - YES - why £1 buys you approx. 1500 shares at the moment
Boove:-
I wish you a speedy recovery but I would reiterate my comment, if you are buying 1500 shares for £1 that does not bode well for any profit now or later because you will be left with nowt when it goes under and you will still be whining long after UKOG have gone bust.
Anyone who is (allegedly) a LTH in this basket case needs to have a good talk with themselves. Have a look at how many shares there are and then look at the daily trades - it's a minuscule ratio - no one is buying - its just day traders turning a few quid.
Ibug:-
complete drivel as usual
Boovie,
Stop whining and sell the rest then.
Like a lot of people on here, it's the FOMO Syndrome - You and everyone else who believes in the duster should realize that you wont make any money from a share that cost £1 for 1500 shares.
This Board is nothing but a vehicle for the blithering idiots to berate each other.