I postend that I thought this would touch 0.8 p it came very close at 0.90. Got called a scum for it lol. Do I want to see this touch 0.8 absolutely not , like most of us waiting for the big RNS to be delivered. It's coming just wait for it then boom !!
Every report i read i see it says ppc is undervalued and a bargain yet the SP wants to track down. The majors are involved in Argentina so it boggles the mind why ppc struggles. Maybe the next few months when the workovers take a bigger step this will respond?
Unfortunately articles like this raise the negativity around UKOG to a larger unknown audience. Delays on planning and question of the raise still unanswered dont help. This will change as day follows night but when .
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 .
Someone said a few weeks ago they will just chuck this share in the bottom drawer and come back at the end of the year, probably a good idea the way things are going here.I still believe we have a bull run with this share but not in the summer months.