By Peter Brailey | Thursday 15 October 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.
I just love reading UK Oil & Gas (UKOG) RNS statements. It always lightens up my mood – almost as fast as it lightens shareholders share accounts. These statements come in two forms: a) dilution today or b) dilution very soon. If AIM had a water sector classification this company would be a cornerstone member. Yesterday the company advised the magic Turkish carpet is in gear, on the starting line and ready to whisk us off to the world of “Steve’s Hydrocarbon Infiltration of Turkey”(epic:SHIT).
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