United Oil & Gas Takeover Rumours (UOG)

United Oil & Gas Chart

United Oil & Gas Takeover Price

United Oil & Gas Takeover Forum Posts

23-07-2019
UOG are getting a solid cash generative asset which is mainly BP and vendor funded. Because it brings turnover, it is a vital stepping stone in UOG's development as an AIM company. Hopefully afterwards UOG can buy other more exciting assets which don't trigger the Reverse Takeover provisions of AIM. I very much doubt UOG shares will double when trading resumes later in the year but a modest uplift would be nice.
Third RTO for me after SQZ and RRE 😀 "Proposed Transaction would be a Reverse Takeover ("RTO") under the AIM Rules and therefore United's shares have been suspended pending the publication of an AIM admission document"
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