UK 02:49 Tuesday, 6 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.
As I noted earlier, David Bramhill of Union Jack Oil (UJO) knew that he and fellow directors would be ousted at the AGM today and thus acted to adjourn it which for all sorts of reasons was disgraceful. In an accompanying RNS he says he was entitled to do so under Union Jack’s Mems & Arts but that was a lie. He acted ultra vires. I have written to advisors and regulators demanding urgent action against Bramhill.
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