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Harry, that’s a serious problem, being in debt. Relying on a stock to get you out of trouble is a gamble in which case you could be in a worse situation. Please try and find another way and leave COPL investment as a just that, an investment. Getting to 20-30p is unrealistic. Even on our current float that would be a company with a cap of £500M. It may happen but don’t put your house on it. Apologies if this all sounds a bit ‘instructive’. Marmie
If you are talking about getting stung at 0.56 or 0.57 shows to me that this sort of talk comes from short term traders. In the scheme of things any buy and hold for medium to long term should gain more than trading in the short term. Marmie
Agree that’s one safe strategy to wait. The only caveat to that is that once the news lands the pre market mark up will be considerable and then very hard to buy. You could potentially miss out on the large gains that are to be had here. Marmie
On NNPC approval and finance this should probably be sitting on a market cap of £50-75M or 3.5-5.00 pps. I think that the news today is the first bit of news before the final approval comes through. In the meantime there is also news from Mozambique to come in August. M
Happy to hold and and wait as I have been for quite a while. Whether it’s sooner or later it matters not to me or to others who have been holding. In my view this will be signed off by NNPC in the not too distant future, Marmie
Yes thanks I can see that now. One more question: with 6.9M issued bonds is it possible or even probable that the remaining 3M bonds will be issued at some time? M
RKB. The latest RNS states that there are 9.9M bonds outstanding? Regards, Marmie
Before anyone gets too carried away, the realisation of these assets will take some time ie months. However, I’m expecting an initial payment for the Mediapolis land sooner. That should be in the £1M mark. There may also be some news on Ondaland but that would be a pleasant surprise. Initially, I can see this going to 3p and then settle for a while before the next news, Regards, M
Can’t say if it’s positive or negative. I just wondered what to make of it. M
Any comments on bid and offer at same price? This has happened twice today at 1.10, Regards, M
Here’s a prediction: no announcements until after this date. M