UK 18:49 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.
There are two statements from UK Oil & Gas (UKOG) today. One is a hard financial transaction which demonstrates clearly that UK Oil & Gas shares are horrendously overvalued and the other is the most ludicrous attaempt at share ramping in the history of AIM. Defenders of Steve Sanderson, UKOG's CEO, say that he is trying to distance himself from the Aussie share ramper David Lenigas. Frankly even Dave would have struggled to sign off on today's ramping. It is cringe-making and it is noticeable that although it relates to a Horse Hill study, no other Horse Shite company has dared publish these ridiculous claims.
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Comments
Bearfacts
Will the FCA step in here and show some protection to investors?
This Bear is roaring at them.
All the best….
wildrides
This debarcle just gets better and better . Can we please have a comment from Andrew Bell ? Oh go on please ! and will he still accept his invite to the Villa ( with pool )( perhaps) . Olive oil is better than snake oil I suppose . Especially pressed in the old fashion way between the legs of bronze tanned virgins .
wildrides
UKOG ,88 Energy and Metal tiger should do a merger . Plenty of synergies be twix them and strategic fit as well ( for very little ) . You could sack two boards and just keep one wanking committee for writing RNS and overall strategy ( spunking direction ) By all accounts the market cap would be through the glass ceiling for rabid turds . Never mind the bollocks , just think of the liquidity .
Bob
Bearfacts, surely even you can’t be that naive?