UK Oil & Gas (UKOG) nutter Michael Boyle wants to trap me and report me to the FCA. What a prize poltroon. Andrew Bell has been selling lots of UK Oil & Gas shares but - with millions still on the book - tries to argue that they are cheap. Hmmm. I have a second maths lesson for my friend Mr Bell following on from this one yesterday. Then it is onto my old friend the offshore based asset stripper Jim Mellon and one of the many dogs in his stable, the related party snakefest that is FastForward (FFWD). Clearly it is placing ahoy as the company has zero cash and grotesque PLC costs but I explain why the shares, at 9.5p, are monstrously overvalued - fair value is sub 5p. Sorry Jim.
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