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Good morning Mike. I don't think many people understand the opportunity here or have taken the trouble to read the previous RNS's pertaining to the RTO.
Comarco is a long established company with a unique opportunity. It has been held back by the lack of finance to exploit the opportunities, but the listing on the Main Market will allow this to happen.
How much of the money will be raised via placing?
I am really surprised more people aren't piling into this right now, this will be much higher once the RTO happens. AS I have said previously its shame I am not allowed to buy any more here, would love to top up and fully expect to convert my CLN into shares once I am allowed to
Another step closer to a very exciting 2021!
Typical.....can't buy any shares at the moment. NT for any amount. It will be interesting to see where the MM's take this as there are very few shares in free float.
The RTO will enable the new company to take advantage of the huge opportunities presented by the Mozambique LNG project developments over the next few years.
Good to see a few more trades today on both Exchanges.
Pleased to see Comarco taking to Twitter over the past few days and with further news due on the RTO it should help to raise the profile.
Nice TR1 : )
A bit more interest today and buys going through on Aquis Exchange as well.
MM's doing their best to discourage trading here at the moment. Pretty sure they are carrying very little stock and expect to see a decent re-rate when the completion of the binding documents are announced along with the timelines for the completion of the RTO.
The last trading update from Comarco was very positive and the recent Twitter messages from them is hopefully the start of a more proactive PR campaign for the new company - Agulhas Group.
Just added a few more today as I fully expect the new company to win significant contracts moving forward.
Wow, that looks like a major contract.
Comarco active on Twitter today.... a good sign that things are progressing IMHO
https://twitter.com/ComarcoGroup/status/1336269077875105793/photo/1
Buys now showing as 'buys' for a change.....
We should be hearing shortly on the completion of the binding documents regarding the equity and debt funding.
The RTO has taken longer than expected to complete but it appears we are now approaching the finish line.
That's first update on twitter since February so good news to come
Added a few more this morning. Bought below the mid-price so it is showing as a sell.
https://twitter.com/ComarcoGroup/status/1335790848408080385
Comarco Group
@ComarcoGroup
Loading Samruddha’s Iron Ore to Comarco 3652 barge for transhipment to Ocean Going Vessel and export to China.
Comarco Group
@ComarcoGroup
·
4h
Replying to
@ComarcoGroup
Iron ore night shift team leaving from base heading to mother vessel. Comarco LCT Kestrel in the background.
Now....where are the conspiracy theorists....a 1 share trade....possible RNS?
There have been a lot of UT trades recently on very little activity.
Looking forward to the next update as the Mozambique LNG project appears to be gathering pace and I would expect Comarco to be front of the queue in being awarded logistics contracts.
Let’s not get too excited though,eh? The 530 shares bought today might not have sent the share price stratospheric but at least one or maybe two people will have some fun watching the profits sail in as the port gets in to full flow.
.
Good rise,
Thanks Kenny.....hopefully this is the start of some PR for the RTO
Added a few more today.....IMHO, anything below 10.00p is a gift. But once the RTO completes, expect to see a serious re-rating here.
That's great, I have also spoken to Andrew, Rob Scott and tweeted Comarco ......
I can see plenty of contracts heading the way of Comarco once they have additional funds to exploit them. As the leading marine and specialist contractor on the entire eastern African Seaboard and interior, they should do very well from the Mozambique LNG project.