By Ben Turney | Friday 25 July 2014
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.
Whatever else is said about David Lenigas he certainly appears to have a firm grip of the current mood of the market. This morning UK Oil & Gas (UKOG) announced a £2million placement at 1p. Some will complain about this, but this looks like another smart bit of business. Whether this leads to a material uplift in the stock price is another matter...
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