Sunday March 18, 2018
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What is UK Oil & Gas actually worth? 0.4p? Or am I too generous?

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

You may say that fundamentals don't matter on the AIM casino. In the short run you are right - sentiment drives share prices. But in due course fundamentals always out and that inherent valuation mismatch is your opportunity to buy cheap, unloved, stock or to short over-promoted crap. And that brings us to UK Oil & Gas (UKOG), now just 1.375p after yesterday's disastrous news from Broadford Bridge. So what is it really worth?

Read the full article on ShareProphets | Comments

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