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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Victoria Oil & Gas Plc | VOG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.85 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.85 | 3.85 |
| Top Posts |
|---|
Posted at 04/7/2023 12:39 by larry laffer DannyWell done, your constant moaning about Kevin fool on this board has forced him to do the decent thing and give back all the money he “Borrowed̶ He is presently paying out at Croydon town hall but the back of the queue for payment is currently just outside Manchester. Thank you for all your efforts Danny. |
Posted at 05/5/2023 18:03 by edsetv Glad I found this thread as I held my shares in Interactive Investor and basically you get no news.Do I become a creditor with the Administrators or does that stay with II? Appreciate any input. |
Posted at 01/3/2023 17:10 by sparty1 dusty.. no news is good news with vog.Let me guess at the update. "hi investors ! Thanks for funding our on going salaries and keeping the board in champers and caviar. Everyone employed is getting paid still but nothing to share with the shareholders. We realize that after 15 years of no profits the situation is inconvenient but we hope you will indulge us for as long as possible so we can secure a good pay off and then move on to the next mugs...er I mean promising company." Oh and dusty ....thanks from the BOD with using "illustrious" and "company" in the same sentence. |
Posted at 09/1/2023 22:00 by dannythelark Not a frukin hope, Kevin Foo and his accomplishing are all frauds. This plan went on for years. Half a billion ISF down the drain. Yes gone where? I made it out, Foo defrauded out of investors at a minimum of 11 million Fik 2 million and the list goes on crunts! |
Posted at 27/12/2022 10:51 by biggie3 How about 2021 and 2022? |
Posted at 15/5/2022 10:47 by tomtum1 IPO had £224 million of assets and some months later written down to £6 million.We are now on our third CLN, Negma, Mercator and now Venus Capital,Venus Capital currently hold 8.1% of SYME shares, Venus are not an investor as we would have had a TR1,(previous RNSs said Negma and Mercator were also partners but really they are CLNs)The accounts deadline has been extended using a COVID extension,We had a suspension due to issues with the accounts in 2021,Two chairman have bailed in less than 12 months,One of the chairman Jim Coyle only lasted 4 months,( note it was said Jim had skin in the game)Director Susanne Chisti has also bailed,There is a rights issue in June at 0.05,40 billion shares in issue heading for 60 billion by June,On the 10th of May the company had to reissue an RNS as the company mixed up pounds with pence,(this is not the first time a second RNS has had to come out)The shareholders have had a 92% haircut in 12 months.Recently advertised for new company secretary, not sure why? Company secretaries role is corporate governance. |
Posted at 28/4/2022 12:01 by sparty1 toopoor...tower has been milking investors for even longer than vog has!serial jam tomorrow.. |
Posted at 22/4/2022 10:45 by george_wright Supply@me Capital (ticker "SYME") has been a fraud right from day 1 when it first listed on the LSE. Its âinventory monetisationâ? business cannot possible work in the manner that it claimed to investors in its prospectus. A âTrue Saleâ? requires that SYME must pay a minimum of 90% of the inventory sales price in cash and yet SYME has stated that they only advance 85% against the inventory. The prospectus made no reference to the VAT problems that have plagued previous inventory monetisation structures (buying/selling is Vatable whereas bank finance is not). And the prospectus claimed that there would be plenty of banks willing to lend even though banks typically lend no more than 50% LTV in standard inventory finance transactions, which is materially south of SYMEâs claimed 85% LTV. Perhaps these are the simple reasons that SYME has failed to get any of the bank finance that it has been claiming for months that it would be able to attract?And whilst SYME made these wild claims its CEO and Chairman dumped tens of millions of pounds worth of shares into the market where it has attracted a cult-like following of shareholders who have seemingly accepted every word, that the company's charismatic CEO has said, at face value.But there is only one point that you need to understand to appreciate why SYME is a dog of a share to be avoided. Supply@me has struggled to attract finance and hence has chosen to fund itself with a convertible loan that is colloquially known as a "death spiral". The holder of the convertible loan converts a small amount of the loan every month into shares at a *discount* to the prevailing share price. Since they sell the shares in the market at a similar time to when they convert the loan into shares they are guaranteed to make a profit. But the relentless monthly selling pressure depresses the share price and means that each conversion takes place at an ever-lower price, pushing the price ever lower downwards.This is the track record for SYME's death spiral:29 Sep 21 â" Death spiral issued17 Nov 21 â" shares issued at 0.204p26 Nov 21 â" shares issued at 0.135p20 Dec 21 â" shares issued at 0.12p12 Jan 22 â" shares issued at 0.11407p25 Feb 22 â" shares issued at 0.10p28 Mar 22 â" shares issued at 0.056pA seven year-old can spot the trend in the share price. And SYME hasn't finished issuing shares under this death spiral, there are at least another six conversion to take place with the next due within about a week.More worryingly the cash that SYME raised from the issue of the death spiral in September last year has nearly all been spent and SYME is facing a cash crunch. Its Chairman and one NED have resigned recently and it needs to publish its accounts very soon. Does the Company have adequate funds to be a going concern or does it need to raise funds yet again with a second death spiral?If you think that all of this means that SYME is a buy then you really need your head testing! |
Posted at 04/4/2022 07:11 by speny That will be the final nail in the coffin for private investors. Goodbye and goodnight, game over. |
Posted at 16/3/2022 22:52 by speny Whichever way you dress it up, they still can't make a profit. Whatever Roy's salary is, he has not once in two years mentioned making the business profitable. Unless they do soon, there will be nothing left for private investors. |
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