By Tom Winnifrith, The Sheriff of AIM | Friday 1 May 2020
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.
The company's oily chairman Lyin' Steve Sanderson has dissembled about how paltry is the cut he has temporarily taken in his £700,000 annual pay package. Shareholders have lost 97% of their cash in less than 3 years and have just been diluted again with a bailout placing this week so what does AIM dog UK Oil & Gas (UKOG) do? Its latest tweet is just hilarious. Firstly what is the last thing the world needs now?