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A good question and one I keep asking!
Spread - most the time Thr has a totally false spread which is a lot tighter than shown! Only reason I can think for this is to fool potential buyers!!!
Now and full ask paid quite a few times. Sorry for those who got robbed again. I've got money ready to keep topping up now through these drops, as really believe IOG have come too far to let this go as a result of a third or fourth party issue!!!
More at just over 12p for me! Never thought I'd see these prices again!
Brilliant thanks Longside!
Forgot to mention the strong opinionated political views TW and BMD have. Just look at IOG BOD, seriously big hitters who have held positions at a very senior level, including positions within the Government! Let's see but I'm not giving them away based on this clown.
He's an angry upset ex pizza boy trying to make a living as a journalist. Same league as BMD. Both desperate to make a few quid my any means possible. I am sure they both deal In the shares they promote or slate.
I've been researching quite a bit today and this investigation was announced on the 28th December and restrictions placed on LCF on the same day. So old news until TW twisted the facts and published on Twitter charging for the article. It appears the whole investigation is focused on the false advertising and selling of saving bonds. LOG or IOG have no involvement whatsoever! The issue for IOG is securing funding for FID, nothing more and nothing less. Pretty much the same situation as a month ago but now LOG will need to look for alternative funding to pass on to IOG (until investigation is concluded) and/or IOG will need to go to other financial providers. IOG are not linked to any corruption, the roadmap and assets are still the same. So for me this is just a matter of time. You can access and read the info on the FCA website, LCF have a fair bit of info on the issue on their website along with a copy of the letter sent to bond holders. My understanding is that LOG is an oil and gas investment company and a wholly owned subsidiary of London Power Corporation Limited. No info on the LPCT website and don't expect their would be as it is only LCF being investigated and only in relation to the advertising and selling of bonds!!! I will not be scared out of my shares and will watch how this pans out. By the way I emailed IOG over my concerns and quickly received a reply from Monique Perks who manages PR and IR on behalf of IOG.
I think we are mainly relying on the Cedex project taking off and exercising our right to purchase. Obviously more going on in the background with other work but Cedex needs to come good. I will keep adding in small chunks down here but they won't offer many without raising the price and increasing the spread. That's the problem with small freefloat but as we have seen, this can bag on very small volume. I'm not selling down here that is for sure!
Had another quick look at major II holders in IOG, amongst them HL have a huge holding of over 27% along with Barclays and others. I'm sure they will pushing IOG hard to clarify and resolve the issue.
TW and his followers at it on here and Twitter again! Some would have sold out at a loss and others are getting in at bargain levels again! Although the issue is at no fault of IOG or even LOG and is related to the false advertising of bonds by a total seperate company, TW seems to be accusing IOG of some kind of corruption and coverup! Now why would anyone do that?!
Gutted after the fall and still not happy but have been buying today after I topped up at 17.7 yesterday! I was buying under 15p last time but topped up at 30 as thought FID was about to be announced! II's are in at a lot higher so hope to see them adding but probably carrying out DD first.
Well it was all quite positive up into the 30's where everyone should of sold up apart from the die hards such as GG! What's your thoughts GG?
Flabby, you post with a negative slant like me which I think must be down to frustration! I'm down big time here now and feel quite ill but what's the answer. I'm getting so cautious now and think the only winners on AIM are traders and the MM's!
That has to be a bargain in the long run! TW is a joke and I don't know why but most the trades were buys printed as sells due to being below the mid. At one point you could sell for more than you could buy! Anyway I'm well and truly locked in another share that I thought would do better! AIM sucks big time. Be interested to hear from larger long term holders please.
Just knew something wasn't right today but like an idiot I topped up! Must be a huge sell order in the background as most the 17's were buys.
today! Must be a large sell order in the background.
False spread now! Nearly 0. Just had a few more at 17.7
Bargain basement here, only problem is they won't let you buy any at all! Managed only 10k earlier!
Took another 80k under 10!! Happy New Year all!