RE: Todays RNS18 Jul 2023 08:53
51
Dear rampers,
Please understand, you dont value a company based on the asset value it owns; assets cost money to get out of the ground.
They cost even more money to get out the ground when they are constantly waxed up.
And to make matters worse, they cost a small fortune to get out the ground and sold when you do it via a death spiral finance agreement.
But if you want to keep ramping the ‘asset value’ in your head is multiples of the companies value, then feel free.
All the best, no one is forcing you to buy and hold COPL shares