The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Well this will add another bit of meat to the already meaty bones of our case 👌
Also plenty of documents for an Appeal request by BP too. Apologies if already discussed. Filed under motions on May 14th.
BP are certainly shining a light into this murkyness. Albeit for selfish reasons....
They highlighted no promotion of the sale.
They highlight that enquiries were not responded to...
They highlighted the quick nature of recent happenings...
Hey ho!
Our cornerstone investor shorted our stock over 90 times.
Why
Maybe BP have phoned a few politicians. To offer a contribution to their campaign funds in this election year.
It will either still go through or the judges might actually wake up and question what’s gone on here
With also regard to the appeal by BP against the AVO agreeing the SH bid, looks like next sitting/earliest sitting for Appeal court to hear their appeal is 10th June so as the completion is target 31st May (unlikely time frame however) and stay is until 7th June what will happen? IMHO
Well said, just happy we have this guy at the top of his game fighting our corner
I do wonder if some people live in the real world.
It was a deadline to submit information this Tuesday and it’s now only Thursday!!!
If I had a few hundred emails in the last 2 weeks to document, vet, and process it would take me months so if people have had enough 2 days after the deadline my suggestion is this process is not for you anyway as your stress over the next few years will be too much.
@rbm, thanks again and maybe a way of dealing with unrealistic expectations is that we kindly ask mr cotter to provide a simple monthly progress update on a day of his choice starting after this initial vetting phase has completed, which I think was suggested to take 6-8 weeks (not a few days)
For god sake what is wrong with people winging about Mr Cotter and his fees etc.
1. You gambled your money into Copl hoping to make a few quid.
How can you not compute the small fee for Mr Cotter has huge potential upside.
2. Mr Cotter has better things to do personally than molly coddle 450 claimants phone calls and queries, think about it.
I hope my fee is used for the actual job I’m paying him to do.
Sorry but ffs.
I thought £200 is the family rate?
Personal rate is only £125.
Surely worth it even if you get just £1k back
Looks like the CCAA proceedings have to be approved in Delaware USA also.
New doc added under chapter 15 proceedings motion materials DI 57.
Looks like this was to be done on the 21st May but has been rescheduled to a hearing on 5th June.
https://www.ksvadvisory.com/experience/case/canadian-overseas-petroleum
I would not of thought that they will be doing any vetting until we have paid over our money 🤔. Probably just getting together the emails to bill us individually. 🤔😮
Steve what do you want to know right now 🤔😮
Can not believe that people would expect individual attention when there are hundreds of us all sending in information for vetting, just wait for the proses to take its course.
Folks
Thanks for your patience. You will all receive individual emails as soon as all applications have been processed. The emails have to be client specific at this stage, but it would create confusion if they didn’t all go out together. We’ll let you know when they’ve been sent. We have no desire to leave anyone behind, so bear with us. Regards, CAG
SteveE60, given your reservations, simply contact us on coplsharewatch@gmail.com and highlight your LSE name. We’ll then remove your application from the database, if that’s your choice.
Regards, CAG
Many thanks RB very efficient.
Once all applications are processed (the final few days were manic), then everyone will receive a follow up email. We will confirm when all emails have gone out and allow anyone to make contact if they’ve failed to receive an expected email. Absolutely no need for any concerns, just that the vetting process has to be thorough to meet regulations.
All who have submitted the proforma and evidence will get a collective reply/update at the same time.
RBMinvest i have painstaking put together my trading account losses and sipp losses with passport photo added utility bill copy of bank statement and whatever else was asked for last Friday have chased up non reply over last few days and even phoned them in Guildford yesterday with an assurance they would ring or email me back ie Michael cotter himself not a diki bird back not sure what to do now just feel it doesn't bode well for our action ahead got to the point do i want to throw 200 +vat on this anymore already lost 8500 thousand anyway will email coplsharewatch early tomorrow when I'm home again what a fiasco
And also include a HUGE note of thanks to the guys (sexist I know) who are effectively running with this on our behalf.
Whilst accepting that everyone has their own opinions regarding the fee% being charged, mine will be c£500 which when compared to a total loss of c£25k becomes somewhat insignificant !!
Were it not for the actions of a very few on here, I would be facing total wipeout on my holding. I now have a possibility of recouping some (doubtful if all) of my investment. More than willing to "invest" another £500 to have this potential. After all, what were the other options available ?
Just my opinion, as always.
Cheers
Please mention your LSE name.
Only people who’ve registered.
Please forward any previous emails sent to:
coplsharewatch@gmail.com
CAG
I have posted a few times, if this is settled does everyone get there money or a percentage back or just people registered, I have sent my details several times with no reply
That’s funny mate. I like that.