RE: ***1.3 B barrel of oil discovered***10 Jan 2022 18:08
so what's next for COPL?
good news, only 12.5% holding by Institutional investors, Rest holding of 87.5% is free float.
this is where this gets very interesting.
tomorrow, This week or next week anyone who wants to take over this company can easily buy 30% on the open market as free float is 87.5%, which would mean COPL would be acquired on the cheap, And That's the best bit.... CEO, Arthur would not hold unto his lifestyle company.
Karma could get to him.
Today's News is blessing in Disguise for many
Had this news were to land on 88E, (1.3 B barrel of oil discovered)
then the mms would had risen the Sp by 2000%