The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think the pi is totally snookered here what ever happens now - shareholders have been well and truly rogered imo.
With the bod putting out such a low valuation of the assets then there is no share holder value to be had here.
If shareholders were able to participate in 0.150 placing then what would be the point as I can't see sp rising from that point so who would risk buying at 0.15.
Only chance for shareholders is if placing is abandoned. Short term loan put in place to keep lights on while other reasonable funding put in place. Imo. 🤔😮
Glad you made something out this pile of 💩
😮
Gordon I thought I would wait and see what happens - including see what shareholder group could do if anything - Plus also keep my voting rights just in case hopefully legal action against the bod etc. What my shares were worth yesterday not really care as not with that much.
OK yes gone up a bit yesterday but still I will hold as already written this off. 🤔😮
Gordon Cople is priced at todays mc because it has no future - when placing shares come on the market copl will still have no future just a bit of time to sell assets. So there will be millions more shares but copl won't actually be worth more than it is today - so divide current SP x new amount of shares = I expect sp to drop not rise 😮
🤔. Just my opinion we shall see.
Small I am not putting them down - just wondering what if anything they have been able to do for us 🤔
Maybe - or they sell assets for a stated price you still would see much of a return if any? 🤔😮
If that's the case most shareholders will be wiped out 🤔😮. What's the s/h group done for us then 🤔
The thing is the bod and may be with partners May have been wanting to purchase the assets from Copl at a price of circa 135m when the assets come up for sale? Then after some more adjustments to work overs they manage to increase production significantly and then all of a sudden they have renewed interest from BIG Oils wanted to JV or buy out the new discovery - this then making the initial 135m purchase for the assets look very very cheap indeed. 🤔🙂
Obviously this is only a thought but IF and it's
only an IF they were crooks then this could be a
possibility.
🤔
I agree I don't think we have been played 😮 give them a couple more days before I get suspicious.
If they are working hard for then that is great imo👍
So I wonder just who ( what shareholders) are in the group doing the talking to copl or legal team etc and why are they the chosen ones 😮😂
I was not invited to join in any talks and I don't know anyone else here involved 🤔
Any thoughts on the subject anyone 🤔😮
I disagree - if this goes to administration ( which they desperate not to happen) assets will be sold on open market to the highest offer.
If the oil is there then the offers and top bucks will be there.
If oil not there then we have been lied to imo🤔
So they bought Cuda and atomic on the cheap.
Spent millions on upgrades to infrastructure.
Found new discovery of billion barrels.
And they think we gonna believe all that is not worth more than 135m 🤔😮
But is that the truth - we know what copl is like 😮🤔
I stand corrected - I thought it was circa 80m - how the heck has it gone to 135m I would like to know.
🤔
But still not that much against the assets which could be worth multiples of 135m
🤔😉
No. I don't think it's that high - maybe circa £80m
🤔😮
Mamman are you in 🤔. Yes did you say - well in that case I hope it retraces back to start position - don't want you and the other Bashers making any money 😮. Hahahahaha
Depends how you work your bags ouy 🤔
1 bagger = 2
2 bagger = 4
3x bagger = 8
4xbagger = 16
So actualy between a 2 - 3 bagger from here.
🤔😮
Only 5 more bags to go and I should be in profit 🤔😮
Come on copl!! - you can do it 🤔😲
Fly along now squany owl - you have always been an obnoxious tweat.
Hahahaga 😮🦉🐓
Take a look at historic drills - loads of dust found ( and how much oil are they pumping at present?
TA ta hoot hoot toot 🤔
No need for you to post here oldwisespeak 🤔