UK 09:56 Monday, 5 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. 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.
Hello share sharpers. I don't think I will be alone in saying that my share portfolio has been decimated by the falling oil price. This is because the Footsie is dominated by big oil shares – BP (BP.) BG (BG.) Royal Dutch Shell (RDSA) et al.
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Comments
wildrides
Former Hot Stock Rocket under the radar :-
Directors take huge holdings see todays RNS :-
Inspirit (AIM: INSP) announces that the Board of Inspirit was informed that John Gunn, the Company’s Chief Executive Officer, had yesterday purchased a further 2,000,000 ordinary shares of 0.1p each in the Company (“Ordinary Shares”) at an average price of 0.67875p per share. This purchase takes Mr Gunn’s total holding to 355,841,335 Ordinary Shares, representing 50.75% of the Company’s enlarged issued share capital.
Further to the above, Neil Luke, Chief Operating Officer and Director of the Company, has opted to accept shares in lieu of his back dated fees of £33,000 and the Board has agreed to convert this fee by issuing 3,300,000 Ordinary Shares at a price of 1p per share. Following this, Mr Luke’s total holding in the Company will be 3,300,000 Ordinary Shares, representing 0.47% of the Company’s enlarged issued share capital.
wildrides
I note Three Leg Resources is up 11% …… amazing what that fat cat Oakley can achieve as shadow director.
InsanityBeckons
IF there is a deal with Iran regarding its nuclear program, don’t you think that sanctions will be eased? The first of these is likeley to be to allow Iran to sell oil on the open market, which will bring a big new supply to an already flooded market, suppressing prices.
Really, I cannot see oil returning above $60 a barrel before next year, especially if Iran is allowed back into the market – It’s gonna be a long recovery I fear.
alcira16247
Malcolm
Your dead right…… your not alone!
Despite off loading my more speculative oil ‘investments’ and moving the funds into defensive stocks, ( LOL, like Diageo! ) my portfolio is well under water. Keeping holdings in BP, Soco, Lekoil and Chariot, hasn’t been a good move and has helped drag my portfolio down by over 16% in the last six months!
Needless to say, I sure hope your right…… I think you are.