UK 17:37 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
LGO Energy (LGO) boss Neil Ritson has apparently emailed at least one shareholder pointing out that August is a dead month for placings so why would the serial confetti issuer be in a rush to issue more confetti. Well, perhaps because it is in debt and burning cash? So when do you think LGO Energy will next be issuing shares?
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Comments
wildrides
Its already dropped from 4p ,it wont go much lower …………1.5 p maybe . hardly a stonking sell . But your tip Stratmin ……….. now that is a munter ………. what were you thinking on that one ;-)
DUCK AND DIVE
Er, LGO can still draw down $13m in the second tranche of its BNP-Paribas forward-selling bridging loan.
tony
Delighted you are pushing LGO share price down Tom!
When the Oil Price Recovers, as it will, LGO shares will rocket, so I will Av Down while I can!