Iog Share Discussion Threads

[mam fach] 29/9/2023 11:14

What is the value of Operating Subsidiaries which are not going into administration?
Are they big enough to be spun off?
Spun being appropriate word as we have been spun a tale
& kept hanging by a thread!
So much for being kept informed by BOD!

[bri15] 29/9/2023 11:08

Get in EOG as it is going to be BIG!

[90005nelson] 29/9/2023 09:40

I sold out months ago and avoided this car crash outcome.All the signs were there it's was just a big gamble.The AIM casino is notorious for wiping out shareholders.

[kimchi1] 29/9/2023 07:38

moonshine3 - filtered
firestorm911 - filtered

moonshine3 - an avatar used solely for trolling - how sad is that?

I've gone trough tbe posts and see iamthemagnificent sold a while back, so no need to be bitter about it. Best put the likes of you on filter. GLA.

[ashkv] 29/9/2023 06:26

Commiserations to the holders.

BH and myself have been banging on for a while that it is not looking good - I was hopeful that a sale might be transacted prior to this unfortunate outcome for equity investors.

Hopefully some potential investors and holders heeded the concerns that were highlighted. RIP IOG

[iceagefarmer] 28/9/2023 22:02

lets hope angus energy dont go the same way but looks ok after todays news

[jpodtrading] 28/9/2023 21:48

I'm a shareholder, gutted at the situation. We won't get anything in my opinion.. but nothing we can do about it now. Sad time for shareholders l ?

[moonshine3] 28/9/2023 21:34

iamthemagnificent - 01 Aug 2023 - 17:54:57 - 7463 of 7507 Small-Dish-A completely open un-moderated thread - DISH
So wrong with your sub 0.1

Stabilizing ready for liftoff

Dont forget IOG, TBLD, GCG

x

[moonshine3] 28/9/2023 21:22

Original posts



iamthemagnificent - 01 Aug 2023 - 17:51:54 - 5654 of 5999 IOG - NORTH SEA GAS - IOG
hehe good trading Sir

The reverse indicator firestorm911 signalled a BUY here - loaded up and slightly in profit

But I hear greed is good, so holding on for a bigger profit.

GLA
iamthemagnificent - 01 Aug 2023 - 14:59:25 - 5643 of 5999 IOG - NORTH SEA GAS - IOG
Had to FOK as none available online

Broker sorted it out for me

First 2 lots purchased.

GLA.

iamthemagnificent - 01 Aug 2023 - 14:58:28 - 5642 of 5999 IOG - NORTH SEA GAS - IOG
Heyyyyyyyy the reverse indicator firestorm911 is here !

In which case - I've started loading up at 1.7p for the bounce

[bri15] 28/9/2023 19:44

Only ones that lost here are the fools that invested in a company that had £millions of debts,suckers

[punting] 28/9/2023 19:38

I held these a while ago made a few quid...needed cash for something else...sold...and had a mental note to buy back in! I nearly did with no research

[punting] 28/9/2023 19:35

Holy molly I was thinking about jumping back in !!!

[iceagefarmer] 28/9/2023 19:15

how did this get to 40p last year?

[bountyhunter] 28/9/2023 19:03

Restructuring lol. If that happens it's anyone's guess what miniscule amount the existing shares might be worth, but I can't see it. Surely it would be in the bondholders best interests to have a fire sale of the assets rather than struggle on further. A last stab at saving jobs perhaps? Imho.

[bountyhunter] 28/9/2023 18:59

Even the administration statement has a feeling of smoke and mirrors about it..

"In the context of the existing bond waiver which expires on 29 September 2023, discussions have been held with a representative group of senior secured bondholders and their advisors regarding a potential additional capital injection and associated restructuring of the Company. Discussions are intended to continue during the Administration with a view to a potential restructuring solution that protects the operating subsidiaries, which are not being placed into administration."

[bountyhunter] 28/9/2023 17:59

Well there we have it. A dead duck, sadly.

You're not the only one petomi who stayed in for longer than they should have done.

[petomi] 28/9/2023 17:34

To be fair to Newall he bought 600k in tranches at c9p last October and a further 300k in March at 4.58p. So he has lost a packet (total holding 5.25m, although some of that may of course have been options etc).

It was that informed confidence inter alia which kept me in longer than I should have.

A salutary lesson.

[andimonibags] 28/9/2023 15:25

CdfYet again you sure do know how to pick them.How is boil going I don't see you bragging about you holding anymore

[billybunter1970] 28/9/2023 15:18

Does this mean my holding is worth zero now?

[blackhorse23] 28/9/2023 15:16

Switched to GATC other day which was rewarding

[blackhorse23] 28/9/2023 15:15

Bankrupt !!! I have told many times