Upland Resources Share Discussion Threads

[apfindley] 23/10/2023 12:08

If they were, there would be holdings rns and they would've started buying at 0.3p a couple months ago, not at 6p with a "supposed" 14p offer.Lol. If you can't see through this.

[neo26] 23/10/2023 12:07

Why would they, the asset is in great location with massive hydrocarbons found near it. Also refinery being built close to it.

[haggismchaggis] 23/10/2023 11:56

Selling does not indicate anything, as nobody knows anything that buyers do not know, they are not privy to any secret information, they are just choosing to take profit and reduce their risk level. If they bought at 2p and sell a third of their stock they have their investment back and loads of free stock to leave in as a free bet. Suggesting sells have anything to do with whether SEC will bid or not is just disingenuous.

[grannyboy] 23/10/2023 11:52

If it was a genuine offer they would have bit off the hand of the offerer at 14p. This is just to let those on the inside or their mates to get out!

[haggismchaggis] 23/10/2023 11:52

"Strange that SEC aren't buying up the shares down here at 6p???Weird that ??".Weird that you think you know. SEC coul have bought millions today, you wouldn't know.

[iceagefarmer] 23/10/2023 11:51

Bidding war?
I predict a bid from SEC within the allowed time limit, at a higher price of 18p, hence I have taken a position. 3x this price for a smallish short term punt is worth the bet imvho. This bid could also wake up other companies including existing project partners, which brings up the possibility of a bidding war.

[truant2tb1] 23/10/2023 11:46

The continued selling since 8am is a giveaway!

[iceagefarmer] 23/10/2023 11:43

how do you know they arent?

[truant2tb1] 23/10/2023 11:41

Strange that SEC aren't buying up the shares down here at 6p???Weird that ??

[iceagefarmer] 23/10/2023 11:38

cash rich..upland can take their time

Exercise of Warrants and Subscription

Upland Resources Limited (LSE: UPL) is pleased to announce that it has received an exercise notice to exercise 61,640,000 warrants that were issued on 27 October 2022.

Additionally, we are pleased to announce the Company has placed 9.8m shares with a strategic partner at 2.05p

This warrant exercise and subscription will generate proceeds of GBP447,460

Bolhassan Di, Upland Chairman and CEO commented:

"The interest and support we are receiving from various corners is very encouraging, it validates our strategy and affords the Company the option to choose the strategic investors who we think are important to our success in the longer term. These alongside recent exercises further strengthen our existing cash position into 2024.

[shortcpx] 23/10/2023 11:35

Careful boys. Don't sell for cheap. Disreputable broker told me FCA Investments are circling for a bidding war. I suspect circling because one leg is shorter than the other. GLA

[haggismchaggis] 23/10/2023 11:29

I predict a bid from SEC within the allowed time limit, at a higher price of 18p, hence I have taken a position. 3x this price for a smallish short term punt is worth the bet imvho. This bid could also wake up other companies including existing project partners, which brings up the possibility of a bidding war.

[riskyinvestor] 23/10/2023 11:27

Put Tower Resources (TRP) on your watchlist

That could do an Uplands style rise

[truant2tb1] 23/10/2023 11:27

RichsifFill your boots here! The share price will collapse in a matter of wks... suckers are being taken for a rideSuckers like yourself ?

[richsif] 23/10/2023 11:26

For those just tuning in. Truant is massively short. He was short at 3p, so with the share price now double that he is goosed and very desperate. Pray for him. :-)

[stockport loser] 23/10/2023 11:24

Firestarter is going to do a big short here soon, just needs his universal credit payment first.

[buffinman] 23/10/2023 11:18

iceagefarmer: there is no offer:

"an unsolicited, very preliminary approach regarding a possible offer for Upland at an indicative price of 14p"

[neo26] 23/10/2023 11:11

I think they are a front for larger player..

[iceagefarmer] 23/10/2023 11:03

whats their market cap sec?

[ym] 23/10/2023 11:02

SEC is the bidder company from router news.

[neo26] 23/10/2023 11:01

In coming days the share price will go higher.Sp consolidating nicely..

[iceagefarmer] 23/10/2023 11:00

is this too good to be true...offer at 14p and only 6.5p to buy...need more info from management

[neo26] 23/10/2023 11:00

We will hear more in the media in coming days. Thats for sure.