We would love to hear your thoughts about our site and services, please take our survey here.
What I haven’t seen much discussion since the RNS is why at this point COPL decided to now admit the placing shares to the official list with the corresponding need to submit a prospectus and fess up to the FCA that we hadn’t notified a placing that had occurred more than 12 months ago
Seems rather odd to me especially as at the moment there is quite a lot going on and this would have been expensive both in terms of cash and time to compile the necessary documentation
My view is the most likely reason is the capital structure of COPL has come up in due diligence in either the JV or RBL facility…..I can’t think of another decent reason. Anyone got another realistic theory?
My guess is fessing up now might mean one of these in an advanced position. Art not doing a post RNS interview to explain the position would suggest it’s more likely to be the JV as he’s under an NDA
I could well be wrong but it’s what makes most sense to me of the RNS and the very detailed prospectus that hasn’t been produced to place shares!
Intra day RNS was naughty….no way was it possible to take in all the info in a considered way. Canadians had the right idea of suspending…..I actually took advantage of the drop to average down massively but it was a press the buy button and hold on to yer ballz in case you lost them too type of moment!
Hi Bongo
I was settled nicely at the end of one of the rows ….. your questioning of George was on point and fair.
I was the one that asked him about what he saw as the key risks and how on board Suzhou were with the plan for the pilot nine
I too am very happy with my investment in prem and feel better than the last meeting I attend….so progress definitely being made
Altag
Management team are now well incentivised to get price of shares up…..gotta be a good thing for all us shareholders. Also likely to be loyal as ties them in for the next couple of years (until end of 2024) which is a critical period for Prem. Less likely to jump ship and cause prem operational issues
Don’t understand the mountain out of a molehill people are making out of this