UK 18:47 Friday, 23 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.
You would have thought that Jabba The Hutt would be too busy looking after his portfolio of trainwreck companies to send out a lawyers letter. But oh no, Big Dave has been wasting someone's cash with a nasty missive from his bully boy briefs at Kerman & Co to the well regarded City firm SP Angel.
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Comments
VINES
we accept that it is untrue that Mr Lenigas relies on creative mathematics. Mr Lenigas would like us to make clear that the data he reports on is verified by independent experts
and it is they who rely on creative mathematics.
wildrides
Del boy has a sense of humour failure ………….. not as big as the investors in AFRI , UKOG , CUBA ,REM I would hazard to guess . Refrigerated lemon tea anyone ?
Gary Newman
Think this was a good example of Leni-maths (from an RNS): ‘Company-wide oil sales, net to LGO’s interest, totalled 111,774 barrels oil (2012: 58,450 barrels) an increase year on year of over 190%.’
Also seems to have trouble with the difference between 2D and 3D…
wildrides
58450 divided by 100 = 584.5 = 1%
111,774 divided buy 1% of 2012 sales (584.5) = 191 % of 2012 sales ( but not an increase of course )
johng
His tweets on LGO :
david lenigas @DavidLenigas 10 hrs10 hours ago
Great to see LGO seeking Takeover Panel exemption just now. Very smart move indeed. I smell a couple of bids coming. Just IMHO.
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david lenigas @DavidLenigas 10 hrs10 hours ago
@BasraSatvinder absolutely. LGO don’t need much money to rid the bank. Plus they have money. The assets are great.
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david lenigas @DavidLenigas 9h9 hours ago
@BasraSatvinder I think Neil will be looking at every option to really grow Company. But this allows NR to talk to lots of people.
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david lenigas @DavidLenigas 9h9 hours ago
@BasraSatvinder it allows a major player to come in as well.