LoveMusic - you need to check how much of the Weald now belongs to UKOG. Shares in issue have not risen as much as the asset accretion; the money raised has been put to good use. You are wrong therefore re price equivalence.
He has options he can take whenever he likes. Why should he spend actual money when there is no need? I'm sure you know this though, just poking the bear.
If it finishes anywhere between 0.3 and 0.4 I will be happy. Still holding though, loads more to come one CPR confirms assets and EWT results confirm comingled flow rates at multiples of 300bopd. Sing it Yazz!
RE: 0.32p finish..... come on UKOG23 Jun 2020 14:54
It's teasing 0.30p, love to see that today. A finish with at least 20% rise looks likely, that will do, a few more days of that and a decent RNS to kick it up a gear would be grand.
Really? Looks more like a well overdue re-rate to me. Fundementals are better than when this was at 0.6p pre COVID-19, and then it was coiled ready to attack 2-5p. With news it'll be back there in a blink.