RE: Decent profit25 Apr 2023 20:22
I've been investing for long enough in high risk aim stocks to know how it works. I haven't checked out the fundamentals of ukog as for me, 21 bn shares is un-investable. If they already have 21b who's to say they won't issue 21b more!
Uog however is a very different animal, very investable with £1.4m in the bank and £5m due in. Profitably producing oil in Egypt and then there's Jamaica. £13m mcap looks very undervalued atm. Not without risk, but at least they don't issue shares like confetti