Uk Oil & Gas Share Discussion Threads

[bionicdog] 22/2/2024 20:27

They can't issue shares below nominal for crying out loud. How can it be a positive? Do you think that someone is buying them?
Bob
I'd like to bash it now if that's OK.

[thaibob1] 22/2/2024 20:19

To many derampers on here about Ukog

It's still alive and kicking.

You can by all means bash it when it's finished, but as for now your just being stupid.

Ukog United 🇬🇧

[technowiz] 22/2/2024 19:34

who are you calling dense bionicdog?

[bionicdog] 22/2/2024 19:13

Don't be so dense.

[technowiz] 22/2/2024 18:33

These new shares at £0.0001 share price today was 0.000071. so not issed at a discount but a premium. thats a positive in my book.

[stockriser] 22/2/2024 17:08

Very interesting ;-)

[bionicdog] 22/2/2024 16:58

Good news!

[jammydodger2] 22/2/2024 16:56

Application has been made for EBT Shares, numbering 3,005,000,000 ordinary shares in total, to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on or around 27 February 2024.

Nice RNS!

[bionicdog] 22/2/2024 10:29

Apologies. I thought you were one of the loonies.

[induna123] 22/2/2024 10:22

I predicted this 6 months ago


Induna123 - 04 Sep 2023 - 11:47:34 - 161240 of 162461 UKOG strikes oil 2016 - UKOG

Also, how do you know where the bottom is? I'm sure people who bought at 0.060, 0.050, 0.040 thought it was going to be there. Yet it isn't. Usually with a death spiral it goes on until the share price reached the nominal value of the stock, which in this case is 0.010, before they have to consolidate and essentially wipe out shareholders because they cant issue anymore stock below that level.

Induna123 - 04 Sep 2023 - 12:10:40 - 161242 of 162461 UKOG strikes oil 2016 - UKOG

It's a psychological thing, you don't want to own up to your mistake. I've been there myself. Rather than take the hit quickly you think things will turn around only to see the share price fall further. At that point you get "locked-in" as you can't bear to sell at a bigger loss.

You think the answer is to averaging down. As I've pointed out you dont know where the bottom is and it's not guaranteed the share price will recover at all. The problem with that is you could be throwing good money after bad.

Sometimes you just have to bite the bullet. It hurts short term but better than incurring larger losses and enduring much more misery.

[induna123] 22/2/2024 10:20

It was a tongue-in-cheek comment, obviously. I was responding to Patio's query about if there's to be a consolidation, why has the share price split the other way. But yes, it is a disgrace what has happened here.

[bionicdog] 22/2/2024 09:58

Induna
Yesterday you were calling for the FCA having previously said it was the bargain of the century.

[induna123] 22/2/2024 08:41

bionicdog21 Feb '24 - 16:27 - 162455 of 162456
0 0 0
Induna12319 Feb '24 - 20:30 - 162421 of 162454

Well if that's true Patio then whoever sold today got completely shafted and those who bought got a bargain of the century.

Why are you copying and pasting this comment? Are you trying to make a point? Speak up fair maiden. Let's hear your wondrous argument.

[25wbh] 22/2/2024 08:35

Good morning all , Gismo , Rayrac ,Hans, Iam, and all my usual friends

[amanitaangelicus] 22/2/2024 08:32

Sando,Leni,McCormick laughing at y'all, while they soup up their cv.s for their next money making junior oil/ gas enterprise. They love dim pi.s.

[kenbos] 22/2/2024 08:24

Could be the beginning of the end and Sando will walk away losing nothing while the shareholders will he should be ashamed

[honfacifi] 21/2/2024 18:22

It's a shame some CEOs care more about a wage than the business of oil or mining.

Alba will be next to go another unscrupulous wage merchant at the helm that part funded HH and took Riverfort loans at the same time as UKOG.

Kinda believe Alba were facing bankruptcy until SS threw them a £100k and got them a loan from Riverfort which about now is dwindling on its last pennies and seven years still waiting for these billions in gold that never materialised.

Don't put anything in you can't afford to walk away from, best advice no rampers took why they got so desperate and tried to plug these boards with absolute rubbish.

[amanitaangelicus] 21/2/2024 17:31

Sando, Leni, McCormick,Bramhill types always, always rob ya, and sale off into the sunset. Leni ( Sandos bezzy)was probs shorting this and has bn for a while. Nice schemes abound. Nudge nudge ,wink wink vicar ...

[bionicdog] 21/2/2024 16:27

Induna12319 Feb '24 - 20:30 - 162421 of 162454

Well if that's true Patio then whoever sold today got completely shafted and those who bought got a bargain of the century.

[skif] 21/2/2024 16:24

What's the FCA?

[terminator101] 21/2/2024 16:10

If only there had been warnings huh.

[induna123] 21/2/2024 16:03

This is a disgrace. Seriously, where was the FCA?