Member Info for Scarface72

If your talking about companies nailing it. Check out TXP.

More than 2000 bopd. Only 129M shares... and MCAP is stupidly low at 22M.

Manipulation at its finest.... and yes I own both.

That's why the market cannot stand long term holders...

Its virtually impossible to prise shares away using manipulation techniques when the holder has a 2-5 year window of patience.

... is taking the pis*

Thanks ibug.

... I wonder why they released this update today. Was it expected ?

Got to feel for whoever sold 1.8M shares at 4.6p.... ouch !!!

In a stock for sometime. 4p levels were a joke.

Probably when you have posted 1007 posts.

If you have been here for 5 years. How come you are not aware of LK's 5 year plan since the columbus energy name change.

Jam tomorrow for you it seems because you are out of touch with the timescales. I suggest you research the company further. Or just come back in a few years time.

When the was nothing but a website. Now material proved up assets... this is going to break previous highs. Hang on to those shares.

1 million shares bought at 13p... too. Got to be leaked info.

Stephen Sanderson has a lot of reputation building to do after the debacle of the last 8 months. His shine is on a knife edge.

Valve amp... look at the shares in issue on the UKOG share price tab on LSE. That’s where your going wrong. The figure is 3.8...B.

Valveamp not clear how you calculated that. (3.893B - 4.584B)/3.893B x100 % = 17.7% additional shares added to float at 0.9p.

Argus. When the market closes today. The Mcap will be whatever it is. To maintain that same Mcap when then market opens tomorrow with the newly added shares to the register the SP will need to be adjusted. Isn't that what happens on consolidation day too. So now we wait to see how many buyers of the past few blue days... cash out.

It has to slip back. The current mcap and SP is calculated on the old 3.8M shares. Not the new 4.5M shares of tomorrow. You can't simply ignore it.

... as 611M shares are added to the free float tomorrow. Don't get spiked.

... mcap £48m ... SP = 1.047p ... mcal £150m ... SP = 3.2p

The money is used to pay the BOD. Would you give 611,000,000 shares away at 0.9p if you truly believed the company was to be worth 10 times that in the short term. The constant dilution is the act of BOD that are not in line with its shareholders. All i see is either more dilution or at some point a consolidation so that they can dilute again. The only way to make money on this share off the back of another PI. It won't be from oil production. Its a trading share now.

You are absolutely correct KTF... don't believe anything people post on forums. All you have to go by is the info and decisions and direction a company makes... and whether they are truly in the best interests of share holders. Outside of that it is a traders gamblers game.