Member Info for Devilbhoy

“They're called shorts. They're bailing before the price rockets and they are out of pocket.”

What a load of pish. Do you understand how shorting works? Aside from no large institution even having COPL on their radar, the only money to be made selling at this level if you are shorting is if the price goes lower which I can’t see happening.

Don’t blame him. The company provides him with the ammunition as a result of the utter ineptitude with how it has been run.

What about that useless CFO Ryan Gaffney? He okayed the company to repay debt that we didn’t need to when he must have known the available cash for operating costs was diminishing.

“What I don't get, is we had about 50 buys after the RNS, and it didn't go up at all? How can that be?”

Quite simple. The value of them is insignificant and there are obviously plenty of shares available.

It is if you are investing in the company (i.e. you aren’t gambling and understand investing involves a 5-7 year timeframe) given by any metric it is undervalued against its peers and arguably in a stronger position.

Or the company goes bankrupt. You missed that scenario.

Biden doesn’t raise interest rates. The Federal Reserve does and does so independent of the Whitehouse. Until they see sustained evidence of inflation being back around or below 3% they will either make some further 0.25% increases or hold rates at their current level.

They have no reason not to lie. It’s a no lose situation for them. If things work out they can claim they were correct and if things don’t work out then who cares? They are anonymous fantasists with no accountability and no way to publicly ridicule them.

“ We have an information blackout because of the NDA. The NDA is still in place bacause the JV is still being discussed. If the JV was no longer on the cards we would be getting a lot more info about progress.”

Another one presenting their hypothesis as if it were a fact.

Where are you getting your confirmation of what is a buy and what is a sell from, as unless you have access to CREST, Euroclear or another settlement system you don’t know what is a buy and what is a sell?

“They are moving the spread to hide the buys and any other trick to distort the market. LSE would make belmarch prison look like Butlins. would not deal with this market until it is fixed more money to be fairly gained in the states without the tricks here.”

Utter nonsense. Keep your head firmly in the sand.

“my ears have been told keep the faith this is going to be big but orderly.”

So you are admitting to insider trading?

“Any sp death spiral talk is nonsense and scaremongering, imo.”

I get criticised for calling people idiots but this is about as idiotic a statement as I have seen. It is an indisputable fact that the share price has already been destroyed by the financing never mind what may be to come.

“Time to improve the website AM while waiting on the weather.”

Yeah, that should be his priority when the company is close to defaulting and/or doesn’t have the capital to continue operations.

“they dont have to buyout COPL with a large sum of money”

Large sum? You are having a laugh. Do you understand the company’s situation?

Whether you end up being right or wrong is irrelevant; it will just evidence that you guessed correctly. Neither you nor anyone posting about the company have any idea what is going on and how it will pan out.

“They are waiting to fleece the anxious and weak minded then buy them on the cheap. Tweaking the Bonds to put people off as a divergence.”

What a pile of pish. Regurgitating LSE tropes. What he says is a very real possibility. Anyone who thinks otherwise is an idiot.

Other than they have converted.

Not a fact at all.

“Two pieces of fact based news is firstly the BH's are converting their bonds which indicates they want the shares before the awaited news arrives.”

In your opinion.

“Do we know if bonds are being converted and sold or held?”

No, and anyone that says otherwise is lying.