Mike Murphy

109 days ago

Hamak Strategy and Evil Knievil’s Rule

With an aggressive ATM death spiral in place Hamak Strategy (HAMA) is a stock for financial masochists only. Its shares are now 0.725p which means the market cap is down to £3.34 million. Since more than £260,000 of shares must be dumped each month under the ATM death spiral by broker AlbR that is a vicious rolling maul against the share price.

288 days ago

UK Oil & Gas: if you are waiting for a TR1, don’t hold your breath!

Last week shares in UK Oil & Gas (UKOG) almost quadrupled to 0.046p on the back of a spooftastic RNS about a very vague MOU involving hot air ( energy storage). Natch the company did an immediate placing at 0.3p raising £3 million. Then, with the shares rattling back to 0.035p it announced that it had raised another half a Bernie at 0.03p. Finally, with the shares at 0.033p, it raised another Bernie at 0.03p. Now here is the mystery with the shares now back at 0.025p