RE: CUDA - 25-11-2127 Nov 2021 18:07
Another great post Tiburn ( at the risk of being accused of sexting again lol ),
i had to go out for a while and have only just returned.
At the risk of being very contreversial i was toying with a couple of thoughts,
if i was trying to impress the receivers and a chance for some very good but cost effective PR i would offer the 2 following items to sweeten the deal as far as the receivers were concerned.
Outwith the deal for WI,
I would offer to pay all the unsecured creditors - swp after the deal has been agreed,
cost US$ 1.8 million,
More contreversially i would offer to give the cuda shareholders the value of their shares at suspension ( 0.020/share cad),
At a cost of US$712,005 .
It would barely make a dent in the 18,559,261 shares AM has in reserve.
I am sure people will think i have gone soft in the head,
but imagine the possible great PR that might be created from such ethical and unusual generosity.
It would make the receivers look good,
would make COPL look good ( in conjunction with our green field policy pronounced at the same time ) might attract a whole raft of investors.
The old Cuda investors who might consider taking a punt after receiving a get out of jail card.
Ethical investors who might think that not all oilers are the devils work.
Its might even get the thumbs up from our own ii's and hnw investors who could also use it to there own advantage.
I think could possibly even attract the herd, and many others if this news was handled well, even the market maybe impressed by such magnamous action .
Well ther we are i have put myself up there to be shot at.
GLA.