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You turn the screw on Cuda, you don’t bail them out. Concentrate on the core business, build it up and grown a viable business first and foremost. It makes zero business sense to acquire them in their current state. A lot of hysteria here, let’s see what happens. Its not how you do business if you have ambitions to be a major player. Have a good weekend all.
Well, if he does a raise at less SP than previous raise after having purchased an asset worth 4 times current SP producing oil at 4 times initial purchase then he must be one of the most incompetent CEO’s in living history, lol. Most dodgy CEO’s have the nous to pump it first before a raise. You guys were all screaming out for consolidation and now it’s a fate worse than death! Make up your mind.
Feels like a bit of a Mexican stand off if I'm honest - the seller doesn't seem to want to drop any further, while there's probably a lot of trading money sitting on the sidelines waiting for 31.5. Question is - who will budge first! GLA
MREX on the bid at 0.33 and selling,lol. A lot of skull duggery going on - it's way beyond my knowledge to be honest. All I know is that if I were a multi billionaire and had a spare £50M I would buy COPL in a heartbeat and expect a healthy return for my money! GLA
Consolidation is merely window dressing. All it adds is an additional window of uncertainty, some say good, some say bad. Makes zero difference. Not for me - let’s concentrate on building the company and profit. SP will take care of itself over time.
Art never said they were done, he said they were close to being done. Any CEO worth their salt would say similar, you’re hardly going to say “we’ve still got shedloads to offload”. I’ve been in companies where it takes months to churn, with the volume here I don’t think it’ll take much longer, patience key here. GLA
Agreed Noob, in my opinion it doesn't make a blind bit of difference. When things are not going our way or are in a fashion we expect, it's only human nature to look at reasons why. The amount of shares has no impact on the trading, in fact, Art has always commented on our liquidity and why it attracts the II's. Yesterday, we were going to the moon, today we are back in the doldrums. It's market forces at play, forget about the SP - we can't control it. The most important aspect is the company and its going from strength to strength - the market will catch up in its own time. Unfortunately , we're the pawns in this charade. If you scour across each and every board on this site, they all complains about the MM's, everyone thinks there's forces at play, many are wrong but some are right. In the end, the fundamentals win - as each and every day passes, our fundamentals grow stronger and stronger - that's all that matters. Have a good weekend all.
Personally, I think the reality is we have a seller and a buyer, in between this we have impatient PI's and traders. Once the runway is clear we may need a catalyst to get it going but it won't take much and once it goes it will keep on going.
You may be right but they can forward project with Q2 results - they key driver is production and we know this is way ahead of schedule. The market can be irrational though, it isn't black and white, it it were it would be so much easier and stress free. All we can do as shareholders is research and be patient. The re rate will come, we just got to sit on our hands and wait. GLA
I'm not too sure I agree with that, the stockmarket should always be 6 months ahead, its built on speculation and forward thinking mostly which is why traders sell on news. We've not moved on RNS/performance facts since Atomic was confirmed, so I don't see what more they want or need, its there in black and white. It'll not take much to move this, just now we're in the hands of the mm's, whether its II's selling /warrant sellers/II buyers, they'll decide when we move, until then - lock and load. The current SP is actually bordering on criminal, buy hey ho, make hay while the sun shines. GLA