Mirasol2 Jun 2022 12:23
Mirasol, the way I see it is that everyone has the right to post their opinion, positive or negative, it is a public bulletin board. Everyone has the right to argue their opinion, right or wrong. What I have an objection to is people who post 100% in one direction with what could be considered a blinkered vision.
I am extremely positive on Union Jack, however, I am accepting of the fact not everything has gone to plain in favour of shareholders. I do however use logic in my opinion. The company in 2022 is. Ot the company it was in 2021. To not recognise that is down to personal agenda. For a company to be generating almost £1,000,000 per month (Wressle, Keddington and Fiskerton), be debt free and hold near term assets capable of substantially increasing that figure, itnis only fair and reasonable to agree that their position for any AIM company is impressive.
I recognise the placings hurt, but I believe they were necessary and that with the pandemic, Brexit, the oil crash etc, taking steps 'just in case' was a difficult but safe proposition at the time. The leaks, whilst totally unacceptable, were almost certainly outside the control of the company. DB or the board certainly didn't leak them, there would be absolutely no reason to do so. It destroyed value and confidence and no company would want that. I blame the brokers and their actions 100%. The SP right now is frustrating, annoying and is causing much debate as to the reason. It is my opinion things will change dramatically as soon as a certain things happen. The Gaffney Cline report, commencement of operations at West Newton etc. However you look at Union Jack Oil, long term it will be a good return for anyone sat here at the present SP.