Member Info for ocelot

If a lot of the negative posters aren't really shareholders, why do they suggest UKOG's CEO be replaced, when he isn't their CEO and they are not in a position to do anything about it.

If you want to change the CEO, all you have to do is take over the company (market cap of less than £1m at the present) and then you can appoint whoever you like as the new CEO.

In fact, the last 100m+ trading day was 03/04/23, more than a year ago, when 123.1m was turned over

101.2m at present.

Ian12,

Don't suppose they CAN attend the AGM, they would need to be shareholders to do that.

The median salary for CEOs in 2023 was £363,100 - an increase of 5.4% per annum over the past three years, and an uplift of 4.9% from 2022 when the median salary was £346,000.

https://www.bdo.co.uk/en-gb/insights/industries/aim/aim-directors-remuneration-report

Out of the gates at speed.

Https://www.londonstockexchange.com/news-article/UKOG/employee-benefit-trust-share-subscription/16453281

Tony_currie,

Unfortunately, your turnover figure looks more like that of the company's reported profit, which had a great deal to do with the accounting treatment of the hedges.

That's the best volume since the day the placing was announced on 28/03. Let's hope the overhang will soon be gone.

Nope

Jelly11,

I didn't report you for expressing your opinion, I reported you for the words you employed re SS which, imho, were defamatory.

Thank you, Admin, for deleting the post in question.

Pension cost of £1k - that is far from being enormous.

The market-makers have become wary of what may happen in the stock.

28/03 placing shares: 585m

Volume traded on AIM (but not on Aquis) since then through to yesterday's close: 781m

(PS: we do not know what % of the placing went into firm hands so the daily volume figures are all we have to work on)

Bubblepoint,

48.01% of issued capital is not liquid but held by 5 significant investors.

Note: the volume on 15/04, when the share price rose 50% to close at 0.56p, was 55.7m.

Today's volume is now showing at 51.6m.

48.01% of issue capital is held by 5 significant investors:

https://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/

For myself, I consider management to be very careful custodians of the group's resources.

At this level, the share price is so low that it should take just a little of the excitement surrounding lithium in Western Australia to provide a significant boost to the share price. We're not there yet but things do have a habit of changing (and that includes market sentiment).

It was on Monday, 15/04 the share price rose by 50% during the session so this is the 2nd such sharp upward movement in a little more than 2 weeks. Let's see what becomes of it this time.

Just back from voting- they should hold votes more frequently!