In the absence of the Board of VOG running amok or total capitulation of the Stock Market, I think VOG has plumbed the depths. Accordingly, VOG is ripe for harvest, and could be a candidate for predators soon. CEO Foo is still not exonerated for his late publishing of operational updates with numbers to back it up. This is not the industry norm.
Foo sets the questions for the interviewer to ask on these videos so we're only told the bits he wants us to know.
I just tried to buy and had to place an order as Halifax would not take a spot price. I think this is a cheap as they are going to get.
CEO Foo is no friend of investors by keeping the investing community in the dark, and then presenting out-of-date reports filled with gobbledegook. Investors and institutions are not stupid. As VOG SP falls below 25p, I hope a "White Knight" launches a hostile bid, takes the company over, removes FOO and half the Board, and puts a revamped VOG back on the map. In the case of VOG, silence is not golden. It creates suspicion that things are not at all well, and a proclivity for the SP to crash.
Foo's surreptitious manipulation of his shareholding shows how devious he is towards the shareholders.
Thanks to Foo's ploy of consolidation the share price can continue to fall well below its pre consolidation low, and enable Foo to issue many more millions of shares at a bargain price to the next intake of mugs.
I'd like to think that the VOG Live Stream platform is a democratic platform which values and protects free speech of individuals, irrespective of whether we agree or disagree with what they have to say, provided it is not too personal of course. On this note, I would like to propose that Edna and her friends are left to their own devices. Think about a "Happy New Year" and God bless.
The Market is always right. At the current rate of decline in share price, VOG will punch through its 52 week low and plumb new depths before the New Year. Best to go with reality -- The Market -- rather than the ifs and buts of soothsayers and other conundrums.
It is rapidly becoming obvious, VOG is run by a bunch of wide boy spivs for their own benefit.
Santa has been unkind to the rank and file holders of VOG shares. Kevin Foo and his nobles need to action some of our New Year's resolutions. Not wishing to be presumptuous, these might include, in no particular order: (i) Timely and regular news updates, with emphasis on the "timely"; (ii) " Presents" like shares and options to his nobles dependent on share price; (iii) Simplicity and transparency on reporting -- complicated reports generally hide nasty news; (iv) A close rein on exceptional items and amortisations -- rapid disposal of loss-making properties -- if necessary; (v) A statement by Kevin Foo and his lieutenants re-pledging allegiance to shareholders. Actions like these should stoke up the share price. Happy New Year (in anticipation).
Still, Mr Foo is doing quite nicely.
VOG, now seems to be the property of, The Foo Mannheim and Palmer Fingers In The Till Club.
What's happening at VOG? Forget the AGMs. Just look at the SP. The market is never wrong. It sees VOG for the dog it is. Where is the accountability of management to its shareholders? All their presentations are complex. This means things are not well for the company. News blackouts are horrendous. Important data is drip-fed to shareholders at best, often 6 months past the sell-by date. There are too many amortizations which are never explained. Not good enough Mr Foo! VOG hierachy embarks on drilling projects without proper consent from shareholders, and the risks are never properly and honestly defined. VOG is now teetering on the edge. A single wrong move from Foo et al could sink her.
Share price in free fall again, investors becoming aware of how Foo shows two fingers to the shareholders while uploading his massively increased remunerations into his bank account.
Will be a buy if Foo guarantees no more dilution at the AGM.