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.
You were not spoofed by Neil Ritson and his puppetmaster Jabba The Hutt, aka fat Aussie share ramper David Lenigas, into thinking that today's news means that LGO Energy (LGO) is going to attract a bid were you? Oh dear. It is not going to happen. Let me explain.
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Comments
DUCK AND DIVE
1% is the threshold for holdings declarations under Rule 8.3(a) of the Takeover Code.
martin ashworth
Wel done Tom . again you were absolutely correct. shorted it at 0.65p. Tgt. Bust.
wildrides
Complete rubbish from you as usual . Trinty sold some of its assets next door to LGO for $20 million just the other day whilst in breach of loan covenants . You dont know any facts ………. you dont know the current oil output ……. you dont know the current cash position ….you dont know current cash burn after cost reductions ……you dont know the outcome of the strategic review ……. you dont know what offers may come forward . What we do know is that you are interested in supporting your shorting associates to make money by demolishing the share price and you have a vendetta with Del Boy Lemongas that you still consider to be connected with this company although he seperated from it in Aug 2014 .
I note that OPTI has had to place today to keep the lights on ……….. plenty of hype from you and no cash coming in . A few patents , no income and a gamble on being able to monitise yet another healthy yogurt product . It will never make a profit . If you were not invested you would not be giving it such a soft ride . Ditto court case coming down the track NIPT.
Teathers ……….. what a pile of shite .
Fox ………..what a pile of shite
Mirada ……….what a pile of shite
Obtala ……..what a pile of shite
all yours and losing value like sinking stones and thats before even starting on the HS Rocket tips .
BobbyChariot
@Martin A
Where did you get a borrow on this dog?
turbograndad
OOOOOH er matron
Poohbear
Wildrides. You sound like a desperate drowning man. LGO is down 35% today. The market is always right. OPTI’s placing at a minimal discount and raised £1.5m. I am sure LGO would love to be able to raise that kind of money at practically the market price. Go away and do some research on the human micro biome and compare it to your holes in the ground in Trinidad
wildrides
Pooh………………. not at all …………… comes with the territory when trading daily . I am in and out of LGO as required . Regards OPTI , research is research . Monitising it is another matter . I dont need to research it as I was in from the start ………… just saying it will go down big time , just a matter of time , like all the other tips mentioned above. Sell or lose your profits.