UK 17:57 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.
Well there is a shock. The LGO Energy (LGO) 2014 annual report was simply wrong in stating that David Lenigas had sold enough shares to go below 3% - naughty, naughty Neil Ritson, but I guess that is the least of your sins. For today Jabba The Hutt announced that he owned 154 million shares.
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Comments
Stuart Kaplan
Administration is an almost nailed on certainty if those are the only two options. A potential buyer is not going to even consider acquiring LGO shares and getting the assets AND liabilities, when they only need to wait a few weeks and be first in the queue to take the assets without the liabilities from the administrator.
DUCK AND DIVE
Bit of a shocker. I suppose Fatty could be telling porkies. Who checks his claimed holding? Nominee accounts aren’t transparent.