RE: No confidence in this share7 Aug 2020 13:17
I think this has become a joke-share for its' investors having been so mis-managed for so long.
But investors who are looking at serious losses because they invested significant sums and percentages of their investment portfolios in AIM businesses like UKOG really have little right to criticise Trousers (as ridiculous as he's been) for it.
They're as guilty of mismanagement as he is, the only difference being that they've only penalised themselves.
Genuinely sorry that anyone has lost money from investing in UKOG, but this share was always at the highest end of high-risk and was never a bread-and-butter investment (*it has a very small chance of becoming one, but, if it does, that's aq long way off into the future).
A serious investor looking to invest for growth and income should never invest more than 1% of their portfolio in anything like this (okay, I did have more than 1% in at one point - but my starting investment was wayyyyy less than 1% and grew to be a lot more, before I chickened out and banked half).
:)