Oracle Power (#ORCP) – placing to raise £0.5m at just 0.04p per share
- 2026-07-03 06:50:59
UK 09:58 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Sometimes you do not need to be a chartist to look at a share price chart and scream THIS STINKS! Yesterday I flagged up the extraordinary share price action at Oracle Power (ORCP) ahead of a placing at 0.014p in which it raised £500,000 gross c/o broker CMC. I have now written to the FCA suggesting that it launch a full stewards. It really should not be hard to establish the truth.
Ramped at one stage or another by every scumbag promoter in town from Andrew Bell to Conman Wyndham to David Lenigas, Oracle Power (ORCP) is the sort of dog that should have been sent on a one way trip to the vets years ago. It exists from placing to placing, feeding the directors and crony capitalists and creating no value. Though I have a well known penchant for Asian Babes, I have long argued that CEO Naheed Memon is running a crock and should just wind the whole show up. Today it has raised £500,000 gross at 0. 0.014p. But…
Oracle Power (ORCP) is no closer to producing coal in Pakistan, gold in Australia or Green Energy anywhere at all than it was when it was first set up by Conman Windbag, aka Conrad Windham, back in 2006. Today came a familiar tale
Penny share promoter David Lenigas vehemently denied that perma dog Oracle Power (ORCP) was about to do a discounted placing. Perhaps he knew the stinking deal that was about to unfold.
Anyone buying shares in Oracle Power (ORCP) right now at 0.0325p deserves to have their trousers taken down They are just asking for it and here are the four reasons why.
I am reminded when looking at the last interims from Oracle Power (ORCP) of the finances of one of those rotten bogus charities, think of the one run by Captain Tom’s troughing daughter. Folks put in money thinking it will go to good causes but in reality vast amounts are spent on “admin” leaving little for the good causes.
Oracle Power (ORCP) has been pumped at one time or another by every spiv and penny share promoter in town. Conman Windham started the ball rolling back in 2006. The current Motley Crew includes David “Sam” Hutchins whose antics at GRIT this website exposed and who should have no place on the PLC scene. Andrew Bell told me the shares were cheap as chips at one point and, these days, David Lenigas is a keen supporter on twitter. The net result?
I flagged up earlier this week how the deal struck by Oracle Power (ORCP) to but a nothingburger copper silver exploration tenement was just a pump, a promote, nothing of substance. And yesterday leading the pump on twitter spiking the shares by 27% to 0.0335p was the man himself, David Lenigas.
This website has been perennially bearish on Oracle Power (ORCP) and has been vindicated in that view. The company is clearly running on vapours and to that end it is trying to pump the shares ahead of the next bailout placing. So today we have a cynical announcement.
It is now two years since His Highness, Sheikh Ahmed Dalmook Al Maktoum, clambered aboard the jam-tomorrow joke that is Oracle Power (ORCP). News of the Sheikh's involvement saw its shares surge to 1.25p. Last December, he exercised 200 million warrants, meaning he now owns 500 million shares, for which he paid 0.25p each. But Oracle’s share price has flagged a bit of late, as investors have grown mightily tired of its jam-tomorrow coal and gold projects.
To be fair, shares in the company are up by 26% today at 0.43p on news that it has finalised and ended a death spiral. But any company that has to use a death spiral is likely to be shit and shares in this company are down by 39.06% over 1 year, 86.01% over 5 years and 96.65% since its IPO just over a decade ago. Truly a penny dreadful, just the sort of stock David Lenigas likes to ramp. Dave's dog de jour is ...
How insane is this even by the standards of the AIM Cesspit? In late August this year I exposed how Sheikh Ahmed Bin Dalmook Al Maktoum had invested in a placing by what was MX Oil (MXO) got it to change its name to ADM Energy (ADM) in his honour as he became President, saw the shares rocket, and then sold all his shares before announcing he was quitting sending the shares crashing from 20p to 4.5p today. Wind forward to November 28…
Oracle Power (ORCP) seems to have become popular all of a sudden and has seen its share price rise by around 80% in the past week, but as usual some on the bulletin boards seem to be claiming that it should actually be worth many multiples of its current valuation.
