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Unlike many who pretend to understand how these bonds work, I do not. But you cannot believe that consolidation makes an ounce of difference to the terms of the bonds, as there is zero chance their terms don’t change to reflect any consolidation.
I get that you are frustrated given the number of shares you claim to own and therefore the reduction in the gain you were sitting on, but the company can only do so much.
Ultimately the share price is out of their control and they certainly won’t be nor should be deciding to put up a “for sale” sign just because the market isn’t valuing the company correctly and some investors are in less profit than they previously were.
Think yourself lucky; I was almost 50% down having bought the majority of my significant holding at 22-25p. Nobody is forcing you to hold. I made the decision to sell up and move the funds to TXP a few weeks ago having been in and out of them the last couple of years in the hope of regaining some of my losses as I don’t see anything significantly moving I3E’s share price in the next couple of months whereas TXP is imminently going to be bringing in more cash per month than they have the last two years combined. My intention is to move most of my money back here if the share price remains around this level as eventually the value will be recognised and we’ll see a return to the 25-30p if not more range or an offer will be made for the company at a decent premium to the current share price.
Clown.
Where are all the clowns who were delusional enough to be pumping this?
“Once Coho is announced to be online - what kind of impact will we see on the SP? I wouldn't be surprised if we got a raise of 50%. Any thoughts?”
Posted by you on 02/10/2022.
You have changed your opinion (for what it is worth, which is the same as everyone else’s i.e. very little).
“That's all very well, Devilbhoy but you might occasionally say something positive then, otherwise you might as well sell up and cut your losses now”
I sold a huge chunk at a large loss when the price capitulated months ago. Just as well give it’s almost 80% down from that point. I bought back some of that chunk at a much lower price in the hope it can get back to 6p and I can cut my losses.
The share price is 97% down from the price it opened at upon relisting, production is significantly lower than it was immediately after relisting, we are being diluted to death by the most incompetent financing and the CEO has continually misled shareholders yet sees fit to hide and award himself and the utterly inept and useless CFO pay increases.
Tell me, what is positive about that?
“I don’t mind the “members” that slate this share, they are just doing a job of work to assist their short positions.”
What a load of pish. I’m not shorting this, I’m just not in denial as to the absolute shambles the CEO and CFO have turned this into and the resultant collapse in the share price.
“Looking over on ye olde twitter I see that even that Gary Newman views today's RNS as positive and we know who vocal he has been on copl in general recently!”
Wow. That’s a complete misrepresentation. He was neither negative or positive about it. But don’t let facts get in the way of your narrative.
That you are asking anonymous users on the internet for an answer to a question that nobody can give other than the bond holders tells me you shouldn’t be investing in any company never mind this car crash of a company.
Why on earth would you think any of the crazy people that like to waste their lives posting utter drivel day after day in the delusional belief that either what they say is fact or will influence the share price will be able to give you an answer that isn’t completely worthless?