RE: EWT5 Dec 2019 21:19
Ginger, I agree with assessment regarding Coil - not sure about BMD - is he that big a holder?
For sure I believe Coil & Frazer Lang sold hundreds of millions of shares when the volumetrics RNS was released which stuffed the expected rise. I don't know if Coil bought back. I hope not. Everybody hopes not, including the company. But Coil and any associates (if he has any) aren't the only traders of these shares. There are hundreds trading UJO shares, including most posters on here. Surely it's to be expected, and while there are people looking to trade the inevitable result is the share price is driven down.
At the end of the day UJO's share of the West Newton licence will be bought by a big player, and when that happens UJO shares will be golden tickets. What happens between is likely to be irrelevant in my opinion.
By the way. If you are so critical of BMD, why do you use one of his catchphrases in every post?