Union Jack Oil Share Discussion Threads

[atino] 21/2/2021 18:18

Here are several reasons why a company might undertake a reverse stock split, including a couple of positive reasons:

👉🏻 Avoid getting delisted from the exchange: If a company’s stock falls below $1 per share for an extended period of time, the exchange may delist it. To cure this deficiency, the company can conduct a reverse split, moving the stock price above the threshold.

👉🏻 Make the company appear more legitimate: Stocks under $5 per share are considered penny stocks. Penny stocks have a bad reputation, and that’s not what most legitimate companies want to have. A reverse split can boost the stock to a “respectable” price— this may in turn lead to increased attention from analysts and investors, who may see the company as more legitimate at the higher price.

👉🏻 Allow the stock more room to fall: Executives may be anticipating the stock to fall further due to the company’s poor operating performance, and a reverse split boosts the stock price, giving it more room to fall without going into penny stock territory.



👉🏻Adjust the price during a spinoff: Sometimes a company spins off another wholly-owned company, but this new company may have a stock price that would be too low if it weren’t adjusted higher through a reverse split. By doing a reverse split, the stock gets back into a normal trading range and can make the company look investable.

👉🏻Lower the costs for investors: For large institutional investors, buying more shares increases transaction costs substantially. With a reverse split, a company can make it cheaper for investors to own a sizable percentage of the company.

It’s important to note that the reverse split in and of itself doesn’t fix the problems that likely led to a stock’s decline — it’s simply a stock maneuver 😉🙇‍♂️💭💭

THE COMPANY’S VALUATION “technically” REMAINS THE SAME 😇

🗣 Marc Gerstein, director of investment research at Multex, advises investors to stay away from reverse stock splits, he stated “If I had a company that announced a reverse split, I’d sell it,” he said. “I’d rather see them improve operations” to boost the stock.

👥 Another expert investor Charles Kaplan, President of the investment consulting firm equity anayltics stated “It is usually a very negative sign when a company reverse splits their stocks.” But how the market reacts often depends on what else the company is doing to reverse its fortunes”. That being said As a young investor i would avoid reverse splits at all costs. The danger in stock splits is when people think they are buying a $10 stock after a split that was originally worth $.50 a stock. The risks are much higher than most investors perceive. Stock splits are nothing more than smoke and mirrors 😤😈👻. They don’t create any real value 🤦‍a94;️. If you own a stock and it does a stock split or reverse stock split, it might be time to look for a different investment.

🗣 And one ☝🏻 more reason from Thomas Rice of The Bowser Report: a reverse split may just be an attempt to extend the life of a slipping stock 😈

[atino] 21/2/2021 17:51

Somehow...(apart from Total have a little refinery in Lindsey) I don’t think you’ll find anymore of the majors claiming the little old county/province of “Lincolnshire” ! 🤦‍a94;️


Regional history between 1600-2000AD of oil finds

[guesswhosback2] 21/2/2021 16:17

Useful listen, kind of telling us its all going to come good.

[atino] 21/2/2021 15:44

(I’ll go first shall I ?)

👉🏻 RED ROCK RESOURCES did the same to me....many a years ago - probably about back in 2013/2014



SINCE THEN I HAVE BEEN ON A MISSION & LEARNT 🙇‍a94;️😉 (i have the battle scares to prove it). BRING YOUR FINEST AVATOR (or bully) YOU HAVE AVAILABLE FOR REASONABLE DEBATE 💭 (...now someone else... “write” ✍🏻!)

[bionicdog] 21/2/2021 15:40

Start at about 18.30 minutes.

[atino] 21/2/2021 15:33

Hey there Max,

IS THERE ANYONE (or any avator)...wishing to state...reasons FOR (and why it is a good thing, going forward?)

Please present your evidences, literature & historical data to prove otherwise...

LET YOUR POSTS “BLEED” 🩸 with emotions & how you feel 😇. WRITE ✍🏻....💭💭💭

[maxwell] 21/2/2021 15:28

Update from Cal Joe :-

[karina] 21/2/2021 15:27

' .. someone will come in for West Newton at a big price, I promise you that..'

[atino] 21/2/2021 15:23

Agreed - share price ANGEL & Cassiopeia (...that Eastern European bird & her click💃ӿ95;)...are only “spin doctors” to help out UJO in their PR & communications.


Oh well 🙄 I guess neither...that broker note of 0.82p...or even the revised one (for that matter! 🤦‍a94;️) at 0.42...will now EVER be ACHIEVED ☹️

What a pack of fiction...and nothing good apart from promoting...”promotional lies” 😠😡🤬 ! Couldn’t even print the illustration of UJO’s share price graph right, in their issuance of the broker note !!! 🤦‍a94;️🤦‍♂ᥧ9;

[sm22] 21/2/2021 15:15

https://www.californiajoe.co.uk/union-jack-consolidation-why

[dreamtwister] 21/2/2021 15:13

consolidation will dehydrate the volume of trades.

usa/iran loved up and iran will open the taps.

[joetricky] 21/2/2021 15:04

I think the consolidation will help us to appear a wee bit more like a company thats going somewhere. 20 billion shares at a fraction of a penny doesn't really appeal to some. It would seem that the board are trying to attract a better investor and re model the kerb appeal. If that is the case I personally would like to see the company dump dead wood like share price Angel and Cassiopea. They bring nothing positive to the table IMHO.

[burtond1] 21/2/2021 14:51

Malcy and Doc chat UJO https://total-market-solutions.com/2021/02/malcy-talks-oil-gas-xxiv/

[atino] 21/2/2021 14:51

SM22 (...won’t you care to be my friend:-) 😉


“Atino” is “information ℹ️ sharing” 🙇‍a94;️...(OPEN...HONEST 😇)...and speaks his mind (free-will) 🧠

[atino] 21/2/2021 11:52

That artificial hike to 5p...



Will not be your friend 😕 (...so don’t get excited once you see you portfolio change on the day !)

[sm22] 21/2/2021 11:52

You useless insignificant fool...

[atino] 21/2/2021 11:24

DESTROYER OF WEALTH CREATION & SHAREHOLDER VALUE (...forget your smoke screen projects Bramhill !)




REPEAT 🔁 (and note to myself! 😇) “DO NOT GET TAKE IN BY THE AMOUNT OF “TANKER TRUCKS” 🛻 LEAVING IN & OUT OF WRESSLE”...or the amount of bopd claimed ! 🤦‍♂;️


👉🏻 On the project development/life cycle side...“this company” will potentially give...over the next few months (with hype!)...but Bramhill has surely OUT DONE you’s “financially & corporately” 😈

He has his extension by doing such a move....and his “longevity” to serve....EXTENDED 🤔🥴

IF HE WAS A DIRECTOR OF A “LIMITED” COMPANY - HE WOULD HAVE BEEN FINISHED 💀