That was back in the days when this share was subject to an organised ramping crusade for many many months, and before we farmed out the majority of our biggest asset.
Under the current regime, you'll be lucky to ever see 60p let alone £1. If things remain the cash will dwindle over the next 12 months, it will get to the point where there isn't enough left in the pot, so a great story will be released as to how they need cash to fund a massive opportunity (they're already sowing the seeds in the latest RNS with the mention of "plans at Etinde and Bonomo") - which lifts the sp temporarily until the placing to fund it is announced, then the SP finds it way back down to the placing price or thereabouts. PI get suckered in buying high as normal, and the coffers are boosted to allow a few more years on the gravy train. Rinse and repeat as we've seen so many times in the past.
On the other hand you choose COC and hope that their way of making money makes you a few quid too.
i got in at over a pound but still support the ousting of the board, dont want another year of being locked in at under say 50p with the same old same old from this worse than useless board, if coc asset strip all shareholders will get the proceeds
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