have already established on this website that Global Petroleum (GBP) is run by lying scumbags, notably HERE. But who is the “media and marketing consultant” appointed on October 25? Today, he, she, they or it was handed another 2.777778 million shares.
I have flagged up the ramping of Omar Ahmad the CEO of Global Petroleum (GBP) before but today as its shares have slumped by 24% to just 0.22p after raising £1.5 million at 0.225p and admitting that there is no farm out deal agreed in Namibia, I ask you to consider Omar's comments below. I think he is a lying bastard. What do you think?
If you wonder at why AIM is such a cesspit from which good companies are departing, Global Petroleum (GBP) should be a case study. And it is one that shows that Nomad SPARK really does not give a FF about any sort of orderly market and the rules.
Sometimes I just am at a loss as to how City folk can blow up their finances in such a spectacular fashion. Perhaps they were never quite as much of a BSD as they suggested in the first place? In November of last year three City financiers took charge at worthless AIM PPOS stock Global Petroleum (GBP), among them Cecilia Yu. At the time we were told:
This is the new ramp de rigueur and the CEO is quite marvellous. He has the username @ValueAimTrader on twitter and has today been telling the world that he’s going to take the business to a £1bn+ valuation:
On 13 October 2014 I wrote a piece: “Peter Hill (MA Oxon) of Global Petroleum – a case study in AIM casino piggery”. Global (GBP) shares were then 3.5p down from 12p three years prior when Hill took over. Hill has trousered millions since then and the shares are now just 0.0675p and that could well be 0.0675p too high for there is a horrible warning today.
And this is why the AIM casino is such a farce. The interests of fat cat directors are simply not aligned with those of the owners of far too many companies, that is to say mug punter shareholders. Maybe they cannot be arsed to read Annual Reports but they should and they should be revolted and revolt. Meet Peter Hill, the CEO of casino listed Global Petroleum (GBP).
Namibia is tipped to become a major new oil province, but thus far there hasn’t been a single commercial strike on any of the exploration drills. This has caused wild swings in the share price of the companies drilling there, especially the smaller AIM listed outfits, and that looks set to continue this year with more activity planned targeting billions of barrels of oil.
Global Petroleum (GBP) has a relatively low cash burn and right now has more cash (£14.8 million) than, at 6.625p, its £13.2 million market capitalisation.









