Upland Resources Share Discussion Threads

[safman] 21/6/2016 12:33

Trying to work out if purchased actually means something else in the English dictionary..

A few variables but this one defines it nicely..

Acquire (something) by paying for it; buy:

On another note.. 9 million sell @ 1.15p taken well.. that could be the last of the overhang..

saffy..

[kemche] 21/6/2016 11:32

AP, I am presuming that "purchased" means "bought" in the English language. I could be mistaken of course. :)





RNS Number : 6275T

Upland Resources Limited

31 March 2016

31(st) March 2016

Upland Resources Limited

("Upland" or the "Company")

Director's dealings in securities

Upland (LSE:UPL), the oil and gas company actively building a portfolio of attractive upstream assets, announces that the Company received notification on 30th March 2016 that Norza Zakaria, Chairman of the Company, purchased 18,000,000 ordinary shares in the Company at 1p per share on that date.

Following the purchase, Mr Zakaria holds 62,876,642 ordinary shares in the Company (representing approximately 29.4% of the total shares in issue).

[apfindley] 21/6/2016 10:47

This is being ramped by the usual twitterati group, who bought many months ago and tried to pump it but failed last time.

[apfindley] 21/6/2016 10:46

Errrm have directors actually "bought" 18 million shares as you claim???NO.Did they stump up cash to buy the same as other investors, NO.

[kemche] 21/6/2016 09:13

saffy,

I know it is only a tiddler and all the attendant risks involved but like you I am merely following the Directors. Have a holding just shy of yours so am willing to see how it all pans out. Interesting BOD too.....

[safman] 21/6/2016 09:03

Morning Kemche..

I'm holding around 1.5million here.. but am a patient bunny.. From my experience directors don't buy 18 million shares for fun.. and this one combined with others dirs hold around 40% of UPL...

We are due news on PEDL 299.. and perhaps more interestingly Malaysian opportunities..

saffy..

[kemche] 21/6/2016 08:41

saffy, here with you. Gulp!

[safman] 21/6/2016 08:37

Good Morning..

Large Rollovers.. small overhang left of stock in the initial placing.. but we are not too far off from getting rid of that..

Good luck..

saffy..

[argyle underclap] 20/6/2016 17:46

rolo-ver

that's wat it looks like to me. the bigggest £ value i've ever seen in a rollover.
£100k+

Wow

[rolo7] 20/6/2016 16:40

high volume 20 million of buys more directors? clears any overhang!?

[safman] 03/6/2016 08:31

Good Morning..

A first bit of blue @ UPL..

With the chairman picking up 18million shares and taking his stake to 29%.. he clearly believes in the strategy of building UPL..

Around 40% is held by directors here... and looks near bottom..

saffy..

[brewsters_millions] 04/5/2016 13:15

Saffy you may want to look into the next biggest riser imo.NCCL is the one to be watching.... ;)Do take some time out to research it and trust me you will not be disappointed in any way.... No ramp intended and good luck what ever you decide

[cyberbub] 30/4/2016 10:46

Just looking in here. Has the company got enough cash to do the drilling or is it looking for a farm-in? Or is that Ineos? Surely north sea oil is quite unattractive at the minute?

[ym] 27/4/2016 09:55

news soon? last time says within next few weeks.

[safman] 20/4/2016 11:43

Good Morning...

With Norza Zakaria buying 18million shares and Dr Stephen Staley holding around 8-9% almost 40% total equity between them UPL looks like an attractive prospect..

They will look to build a portfollio of assets here.. and there should be news soon of pending Block SK46c...and the potential of restart the HARDSOFT field..

Award of PEDL should be anytime soon..

On another note.. Dr stanley.. mentioned further assets to be obtained..

With both Norza and Stanley holding a large amount of shares here this could be one to watch..

saffy..

[scyther] 16/4/2016 11:26

Anyone have any snippets of new info

[aimshare] 07/4/2016 08:07

As predicted a week ago, when 88e was 3.8p and 'advice' was being given to buy it on here - trade what you see.

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1 Apr'16 - 13:07 - 44 of 62    2   0   edit

Trouble is Tidy, if you trade 'what you see', rather than 'what you read', then your 88E chart looks top heavy and has broken away from it's uptrend channel, which means it could drop from where it is.

Here, the chart is at the start of a breakout on it's upward trend and closed period or not, the CEO has just shelled out another £180k to buy another 10% of the company.

Think I'll give your suggestion a miss, and I'm not saying further good news won't re-envigour 88E but until news lands, your chart looks too risky.

[panic investor] 07/4/2016 07:37

That's the problem the last month or so have seen terrific gains fast in a number of stocks - I've been lucky enough to have been at the party.Fair bit of my profits are in here though now