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Yeah I know the feeling! In theory it’s the “perfect” solution but what works in theory doesn’t always work in practice, in my mind it’s the equivalent of an architect telling a builder “it works, just build it”. After bailing out of rmm (didn’t fancy consolidation) Copl is now 1 of only 2 stocks that I own so just ticking the days off till re-list date, there’s certainly a lot of excitement around it so am happy being locked in and the way the markets have been of late I feel quite fortunate.
I hope your right shaa, don’t wanna sound too negative but in the past 15 or so years trading I have seen lots of consolidations and I can’t recall 1 that was good for the sp. That said I’m hoping it’s back end of the year, I’d rather we all got a healthy rise before art attempted trying to be clever with a consolidation. He’s pulled a few fast ones in the past so I reckon we all deserve some form of reward.... 2p relist should ease the pain lol
Forgive my lack of knowledge on this (being dual listed) does this mean they “may” consolidate on the Canadian exchange? Or is this something art wants to do here aswell? I can see the benefits for Canada but was hoping we’d “re-base the sp upwards” as art said...... before any talk of consolidation. Any knowledge would be greatly appreciated. I normally try to avoid any share heading towards suspension, but I have high hopes for Copl
Level 2 looking pretty tasty atm
You pays your money, you takes your chances. Personally, it’s quite an exciting time to be in Copl.
On a brighter note.. anyone else been sent this by friends when discussing the atomic deal going through?
https://m.youtube.com/watch?v=1-mOKMq19zU&feature=youtu.be
My first buy at 6.58p seems an interesting one for sure! Happy to see where it goes from here
One glimpse of a change in trend and yet another rns with yet another big fundraise.
Little mention on share talk today, don’t know too much about charts, but am sure we’d all be happy waiting on news with 10p sp
https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-15th-february-2021/#gs.t2if6o
I personally don’t see this coming off this week due to the size and importance of the deal itself, we’re going for a pretty ambitious takeover which is a once in a lifetime moment for copl. Even though they’ve done their dd (worked on this since august) I still feel there’s a lot to sort with financing of this magnitude and in current times. Ad imagine the timeline for news is the week of the 15th as a solid target but the date will slide according to progress which is likely out of arts hands. Am crossing my fingers for 15th but it’s not a given, more of a hope! For the sp, slow and steady rises with news on the 15th will suit me fine!
The automic deal is currently not priced in (at all) so a modest 5-10% a day is what I expect this week, gl to you and all lth’s. Bit of copl history in the making!
I’ve literally just finished reading that, here’s the link for anyone interested https://uk.finance.yahoo.com/news/hedge-funds-bet-oils-big-140122494.html