Member Info for poorinvester

"And the legal battle has already been started on behalf of these shareholders."

Justice2u, what do you mean? Have court proceedings started against the bod?

If we had a working FCA, RN would never be able to do misleading interviews. Their rns's are misleading also. If shareholders get nothing, this will be a huge scam and it needs investigating. I bought shares here, three/four months ago thinking we will have high gas prices this winter. Guess what? high gas prices are coming but I wasn't able to guess the bods shenanigans.

Meanwhile, gas prices keep rising. 138p per therm last time I looked. Looking like easily over 150p per therm by end of the month. Moment gasp price hits 200p per therm, IOG will be making some serious money. I wonder if the administrators will do as our crooked bod and pocket the money. They might as well, it's not like there is any accountability on AIM.

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.

Https://news.sky.com/story/ukraine-war-latest-moscow-to-discuss-lifting-ban-on-nuclear-tests-after-putin-threat-12541713

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?