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Lyin’ Steve Sanderson of UKOG takes the piss with another spoof purchase of shares

By Tom Winnifrith, the Sheriff of AIM | Monday 21 February 2022


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.


As I noted here last week, as things stand that hound from the AIM sewer UK Oil & Gas (UKOG) does not have sufficient cash to pay both its liabilities and its commitments and is burning cash like billy-o. Thus, it needs to ramp its shares aggressively to get away yet another discounted bucket shop placing, something that is imminent. And that brings us to Lyin’ Steve.

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