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Bebeto, that is a possibility. Gas prices are rising, like I said again and again. The administrators might have a profit making company on their hands, word on the street is, Israel might shut it’s northern gas producing well also, plus we are getting closer to winter.
Gas Price (p/therm)(pence per therm)
134.29, last time I looked
Hi Pacman, gas prices will just keep rising, where is this extra revenue going? Straight into the CEO’s personal bank account?
We need an audit. We need to know where all those millions have gone. I bought this when gas was in its 70’s pence per therm, it’s nearly doubled.
I bought in here around three months ago. My reason to buy in was as I said over and over again, gas prices will rise this winter. And high gas prices will save IOG. We are in October and gas prices are 127p per therm. Gas prices. Has this crooked bod done us out of our money?
Bebeto, something doesn’t add up here. The board need to be investigated.
Bebeto,
"The parent company's share price is influenced by the performance of the subsidiaries but no direct ownership from the parent company's shareholders."
That doesn't make sense?
We need to establish the relationship between the subsidiaries and IOG properly. Is there anyone here, who knows??
I'm suspecting shareholders have a stake in them??
Thank you Snooz and Bebeto, so am I right to believe that the shareholders have a stake in the subsidiaries?
“bondholders and other creditors to consider all available options, including a potential restructuring to protect the operating subsidiaries which are not in administration.”
Bebeto, thank you for the regurgitation of the rns, I understand all that. Please explain to us what the operating subsidiaries are? Who owns them? Why are they not in administration?
Could someone with experience, please explain to me this latest RNS??
Israel has closed its largest gas well due to this sad mindless war. Gas will go very very high. We are not in administration yet, I’m expecting IOG to come out of suspension soon.
Just my opinion.
Is 123p per therm last time I looked. Has administration started or will high gas prices save this company.
When will administration start?
Gas prices should go very high soon, with this unfortunate crisis happening in the Middle East, I won’t be surprised if gas is over 300p per therm by the end of the month.
Hi coldspy, in my experience these sort of groups, the lawyers want money, they might start off free but they eventually want paying.
Don't get me wrong, if they are claiming off the bod or company, let me know and I will join but I will not join a group where the lawyers are trying to do a uk version of class action lawsuit. These are normally a waste of money and time.
has administration started?
When admin starts, I might start a social media campaign against the bod for giving misleading RNS's.
JH77, has administration started?
Hi Bowlers, congratulations mate. I wish you good health and a long life. I was only winding Dagenham up, I don’t know how old he is, I’m suspecting around 60. How old are you Dagenham?
Dagenham, no point lying on an anonymous bb, wouldn’t you agree. I made loads in CINE, as I’ve explained many times to you. I’ve got around 50k in IOG.
My main holding is MARA, for the hundredth time.
Hi Dagenham, hope you are well. You missed out MIRI, ICON and ITS. My main holding is in MARA, which I’m around 40 percent down, which is some real money, not the sort of money you risk getting divorced with:-). I’ve been concerned about you, I’m glad you said hello today. How’s the over 70’s dating app?
HC, after you buy in, always expect your share to go down, happens to me nearly always lol. :-)