Member Info for Devilbhoy

Sure. But as long as posters continue to post stupid **** I’ll continue to call them out on it.

There are many relevant variables. My point is trying to justify a valuation based solely on other companies having a similar number of shares in issue is ridiculous. As ridiculous as using a company like 88E which is objectively ludicrously overvalued and therefore an anomaly rather than a company by which to benchmark valuations is.

I can only assume you don’t understand how a share price valuation is arrived at. The number of shares issued is irrelevant when comparing entirely different companies.

As said multiple times, these inexplicable valuations are irrelevant as they are anomalies. Stop using them as a benchmark for your valuation rationale.

Because some of them are talking in absolutes when almost everything written and surmised is based on speculation and there are people who will naively be influenced by this and get their hopes up only to be dashed.

Frankly, regardless of whether a companies shares are suspended or not, I find it baffling how so many people on these types of boards have nothing more valuable to do with their time.

I have 12M+ shares at a reasonable average so I want this to come good as much if not more than most but no matter what I write I have no control over what will happen so I, as is everyone else, am a passive observer until the share is trading again.

My god there is some amount of pish being posted on this board now. All these people talking in absolutes about minimum relist prices and the pub oilmen and city brokers with their simple calculations proclaiming the future price based on fag packet calculations and hope.

For anyone just reading and not contributing to the echo chamber, please don’t pay any attention to the relist prices being quoted here as if they are fact. The reality is nobody knows what the price will start at or be in 6, 12 or 24 months. The market is broken so fundamentals mean next to nothing. The companies being used as a comparison are the exceptions that have, for whatever inexplicable reason, been bought into on internet hype rather than rational decision making so making comparisons with them is ill advised at best and foolish at worst.

Unless you are selling your entire holding (which would be madness given the opportunity for growth over the next few years) then must have some holding that you could afford an RS3 and still retain a large holding.

You do know how much a brand new RS3 costs?

“I can't for the life of me figure out why anyone here would argue AGAINST this.”

Because they don’t understand. They see acquisition via dilution versus funded by debt markets in the same way they see some random person just wanting to stick a finger up their ass versus a genuine rectal exam by a doctor: they can’t see that one is taking advantage of them for no reason but their own benefit and at their cost.

“ absolutely ecstatic that their sub 0.38p investments will shortly triple bag.”

I must have missed the RNS confirming this. Where did you get this “fact” from?

Will I win Euromillions?
Will I meet the love of my life Anne Hathaway and will she fall in love with me?
Will a meteor strike the earth next week and wipe out humanity?

Of course it is out of the question based on all known facts. Tullow is only valued at approximately £660m and they are producing an average 61,200 bopd.

Those talking about 16p weren’t basing it on a consolidation having occurred. F@@k, if hitting 16p after a 10-1 consolidation is the best we can expect I’ll be bitterly disappointed.

Says the troll. 6000+ posts and the fact you don’t even know COPL wasn’t listed on the AIM market pre-suspension says you are as big a fud as the rampers and therefore filtered.

16p? Added to the long list of green boxes.

“ Too bizarre to imagine how Copl could give themselves a 10 day instead of 14 day deadline and mess it up.”

You haven’t been following this company for long I take it?

Agreed. About 95% are total fuds.

“ Art is slowly being turned from hero into business lunatic, because of delays we knew could happen.”

Wow. What a load of ****e. The company is the one that has indicated timeframes and continues to miss them and disrespects their shareholders by not having the decency to explain why. They only have themselves to blame for the criticism they receive.

“We've had at least 3 placings over this period and yet Mcap has increased. It all depends on what a placing is used for. If it adds value then I have no problem with it.”

I do when the placings are not open to small retail investors and are therefore always benefit insiders at the expense of small retail investors.

“88e has done better, from 0.25p to 3p at one point. their mcap has risen from sub 40m to now 500m and that despite various placing/warrants and not producing any oil yet

hence, COPL will rise similar to 88E and wont surprised me if we rise to 3p within weeks. after all we are in much better position than 88e.

anybody else agree?”

Either you are trolling or you don’t have a clue. By your rational, every company would be valued the same way when any half-wit knows that just because 88E is valued on a hope and a prayer has zero relevance to COPL.