RE: 10% gain held today.23 Feb 2023 18:32
Art loves having Anavio on board with COPL’s future plans…
RNS - 3rd Jan -
Arthur Millholland, President and Chief Executive Officer, commented: "The Tap provided by our lead institutional investor today illustrates the confidence they have in our business plan going forward. Long term investors in the Company are key to our future, as they provide balance and confidence to our current shareholders, and other stakeholders, by allowing the Company to grow through the execution of its business plan. One only needs to look at Occidental Petroleum who have performed brilliantly with the support of a single long term lead institutional investor."
I see them and the bonds they hold as more of a counter to a potential takeover allowing COPL to grow but that’s my take…