RE: What A Gem Of A Money Making Oil Company17 Mar 2026 20:56
I feel strongly about supporting those of us who’ve lost money due to the actions and messaging from the directors of Union Jack Oil.
At one point I was invested to the tune of £40–50k. I should have sold around 50p, but I believed the story being told. Instead, I held on and eventually exited at 24p as the share price declined.
I later re-entered at 9p and sold at 19p, which was a better trade. Now, though, I can see there may be some value again. That said, it’s clearly high risk—this could just as easily fall sharply as it could rise. A 3x return seems plausible; a 10x is possible, but far from certain.
Right now, the share price appears to be supported largely by the oil price and expectations around future projects. I have now gambled 2.5K lets hope for 25K need a new car and V8 Range Rovers are so cheap as the oil price rises, not that I would ever want a war to continue
Both of those are uncertain—oil could drop quickly if geopolitical tensions ease, and there’s still no meaningful delivery on new developments since Wressle.
Overall, this remains a highly speculative position.
I also want to know where that rat, Heid has gone or have you revamped as a positive newly invested poster, just a thought