UK 07:40 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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 in question is, of course, Union Jack Oil (UJO) run by trougher David Bramhill who broke the Companies Act 2006 to keep his job by adjourning the AGM last Friday. The recommended, albeit doomed to fail, offer by Reabold Resources (RBD) now begs the question of whether it is the Nomad SP Angel or the auditor Crowe LLP that has allowed dangerously misleading statements to be issued. I have written a letter to my good pals at the Financial Reporting Council and my not so good non pals, the Oxymorons at AIM Regulation, suggesting that they jointly establish which advisor has acted with a bent management team to mislead investors.
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