September through to November this share should really change gears if all goes to plan. I cant see why it is so low now i think 10 p as is still represents solid value, year end my guesstimates 14p.
With Angs seemingly making a right arse up of it what will be the effect on UKOG next week ? Good possibility that UKOG SP drops again next week with confidence gone from the the weald due to Angs? Or with Angs in trouble is this a good opportunity for UKOG to put a squeeze on Angs ?
Will have to sit tight and see what Spetember and beyond brings. I bought in recently at 7p and nearly sold on the spike caused by the news article. Very surprised to see this SP down back at 7 p marker. Considering PPC is ran much better than alot of oilers in AIM one would expect it will recover .
The drop today was probably the ANGS factor if they hadn't made such a fudge up of it may have actually faired better today. Problem being its now put question marks over the weald concept even tho UKOG are slowly sucking oil out.
Tbh Angs have been making a right arse up of it for a while now and im not surprised to see that ANGS RNS today.Hopefully they now pack up ship and set sail and let SS and co get on with it. That cry for help from lucan to SS was never a good sign
Themuir they can consider drilling in your backgarden it didnt say much about it considering they drove the SP down for the raise. Lets see how the market reacts hopefully its up .