Share Name Share Symbol Market Type Share ISIN Share Description
Union Jack Oil Plc LSE:UJO London Ordinary Share GB00BLH1S316 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.40 -3.74% 36.00 314,438 13:02:06
Bid Price Offer Price High Price Low Price Open Price
35.00 37.00 37.00 36.00 37.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.14 -1.69 -0.02 36
Last Trade Time Trade Type Trade Size Trade Price Currency
16:15:01 O 15,000 35.44 GBX

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Date Time Title Posts
16/4/202120:46Moderated Union Jack Oil Thread8,628
15/4/202121:33Union Jack Oil - Can David Bramhill do it again?7,221
12/2/202116:16Oil & Gas Flash Note by SP Angel - "Positive outcome at Wressle"1
24/1/202119:16UNION JACK OIL5
21/9/202000:45UJO HEADING BACK TO 0.1P95

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Union Jack Oil (UJO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-04-16 15:15:0235.4415,0005,316.00O
2021-04-16 14:53:0635.41999353.75O
2021-04-16 14:36:0535.411,500531.15O
2021-04-16 14:32:3635.4412,0004,252.80O
2021-04-16 13:35:4735.5136,40812,928.88O
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Union Jack Oil (UJO) Top Chat Posts

Union Jack Oil Daily Update: Union Jack Oil Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker UJO. The last closing price for Union Jack Oil was 37.40p.
Union Jack Oil Plc has a 4 week average price of 33p and a 12 week average price of 28p.
The 1 year high share price is 62p while the 1 year low share price is currently 18.50p.
There are currently 99,079,532 shares in issue and the average daily traded volume is 761,757 shares. The market capitalisation of Union Jack Oil Plc is £35,668,631.52.
likeawalrus: so much hype by everyone on twitter lse advn and especially DB as to how wressle is a "game changer" for ujo. Well, as weeks turn into months I see wressle as less and less significant, currently I cant see it as game changer, that crown surely awaits WN? I have serious doubts as to the 500bpd claim being achieved on a consistent basis so I am assuming no significant impact on the share price (of course I hope I'm wrong). I also wonder why DB felt the need to raise £7m, he recently said they haven't spent any of it, so why such a large contingency? obviously it's reassuring that ujo is cash rich but if they could get by without it since the placing, why didnt they wait until wressle started flowing? my guess is they knew months ago that the flow rate prediction was wishful thinking so decided to raise cash before the market realised. PS imho a game-changer for an AIM listed oiler is an income stream that all but guarantees the company can fund future exploration with that income, i.e., no more placings. Of course, if the normal definition is simply an income stream that turns an oiler profitable, then Wressle is likely to be a game-changer
likeawalrus: good luck with your purchase pandy, the share price is only slightly above the September placing price of 32p (new equivalent price), if all the ujo promises come true the current share price is a great investment PS not sure why your post got the thumbs down!
maxwell: No I don’t get that one either as the actual share price is neither here or there if day trading, as the only priority is the share price moves in the direction you anticipate!!
bakedbean: Arb announced a placing, they needed 27 million by issuing shares onto the market after the close last night, 20% discount to closing price .. no hint of it whatsoever ,share price has been stable on the way up, private investors where welcome along with institutions, 27 mil raised in an hour.. within the next hour the chairman issued a YouTube video explaining why and what the funds where needed for... arb share price just 2% down now That's how u do a placing Union Jack look and learn
atino: 🙇‍♂;️ Until you as a shareholder experience a Consolidation of shares you will never be able to appreciate the feeling of being legally robbed ☹️ of multiple thousands of pounds. It works this way. Buried in one of the annual reports or interim reports there will be a notification of a motion for shareholders to vote on a Consolidation of the company's shares. As most of the people voting are the ones who have a self interest in the Consolidation, the motion will always be passed 😏. Then a little while later you will get a letter saying your share holding in the company has diminished to a fraction of your original holding leaving you on many occasions holding a non-marketable parcel or very close to it if you don't get out fast. 💭💭 Consolidations confirm failure 😣 Shareholders often receive letters from their directors like this: “We are pleased to announce that following shareholder approval received at the General Meeting we have completed a 50-for-1 share consolidation. This consolidation will deliver a simplified and more efficient share capital base and reposition the stock for broader investor appeal.” 🙇‍♂;️😉🤦‍♂️ More appropriately the letter from directors should be couched thus: “We very much regret having to advise that for every fifty shares you once owned in BadlyManaged Limited, you now have one. This savage reduction reflects the underlying diminution in the value of your shares that has already taken place during our stewardship of BadlyManaged. If your shares are still worth anything it would be in your best interests to sell them now and invest the proceeds in a company in the FTSE 250.” The whole idea behind a consolidation is to try and restore the company’s share price into the investment grade range and thus make it more appealing. Don’t be fooled, the damage has already been done. There are an enormous amount of these Consolidations happening all the time (Tesco super stores is currently under going one - ) and it isn't just happening to small speculative stocks, it can be major mainstream stocks and they can take out life savings from people who can least afford it... We must begin to protect ourselves 😇 and each other as best we can. We need to educate ourselves 🙇‍♂;️. If we want to buy a share, we need to check to see if it has had a Consolidation and if it has, best advice is to move on. Go through all the AIM notifications for all the years the stock has been listed. Hunt out the Consolidations if there were any. Consolidations are generally bad and lower liquidity ( increases the spread at the same time). The share price has a general tendency to go down thereafter..
likeawalrus: the possibility of rbd being willing to buy ujo's wn share doesnt reconcile with the share price drop from .18/.19 to .14, surely the share price would be on the front foot if there was any truth in it?
atino: 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;
atino: 🙇‍♂;️ UNION JACK OIL (UJO) SHARES PLUNGE 6% AFTER CALLING AGM TO APPROVE SHARE CONSOLIDATION Shares of Union Jack Oil PLC (LON: UJO) plunged 6% after the British onshore oil mining company called a shareholders meeting to confirm the consolidation of its current share capital to boost its share price. The company’s board is proposing to issue one share for every 200 shares, which could see its share price surge above 30p if shareholders approve the proposal at the AGM scheduled for March 10, 2021. Markets seemed unimpressed with the proposal given today’s decline, and it remains to be seen if the firm’s shareholders, most of whom are retail investors, will agree with the board to boost the price of their shares. Union Jack has issued several updates this year relating to the West Newton project, which was granted a screening option after applying to expand the West Newton A site. The company also recently acquired an additional 15% stake in the Biscathorpe project from Humber Oil & Gas for £500,000 ($676 775), bringing its stake in the project to 45%. The board argues that its current projects' value is not accurately reflected in the company’s stock price and that consolidation would raise its investment profile, making it more attractive to a wider audience. Investors should monitor the stock as we await the likely consolidation given that the shares are trading near a support level, which could signal a rally if it holds and the price reverses. Union Jack Oil share price. Union Jack Oil shares fell 6.02% to trade at 0.156p, dropping from today’s opening price of 0.166p.
terminator101: Good post on LSE by ninetails. Reflects my view posted this week that consolidation is never good news for investors. Consolidation or reverse stock split which ever you want to call it would not be good for ujo shareholders untill placings have been completely removed from the table imo, it would just be a license to rinse and repeat and end up slipping back in share price .. Consolidation in Penny Stock... Penny stock companies consolidate their shares more frequently than any other size of investment and historically it has a negative effect for shareholders.Many penny stocks have far too many shares available because of their tendency to continually issue new stock to raise money. One way to quickly reduce the outstanding shares is to consolidate.But this tends to see the share price drop in penny stocks, also leaving the way clear for further dilution. Researchers at the Stern School of Business at NYU and Emory University looked at more than 40 years of data, from 1962 to 2001, and found that of the 1,600 reverse stock splits, shares underperformed their non-split peers by 15.6% in the first year following the split, 36% in the second year and 54% in the third year.From 2001. The Pace of Reverse Stock Splits Has Picked Up in Recent Years. But Are They Good for Investors?The reverse stock split trend continues. Just since the beginning of 2018, my quick count (by no means exhaustive!) came up with 203 reverse stock splits, and 118 in 2017 alone. In fact-with a few rare exceptions-reverse stock splits are bad news for investors.
likeawalrus: "the high number of shares in issue combined with the relatively low price per share is thought to result in excess volatility, reduced liquidity and a widening in the market bid and ask share price spread" it will be very interesting to see if a higher share price reduces the spread, current 0.155 / 0.165 equates to 31/33 after consolidation, I would like to see that spread halved.
Union Jack Oil share price data is direct from the London Stock Exchange
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