The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Canadian Overseas Petroleum Limited has announced a consolidation through which your existing shares will be exchanged for a smaller number of shares. The share price is expected to rise to reduce the impact to the market value of your shares.
Under the terms of the consolidation, your account will be credited with 1 new share in replacement for every 100 shares held.
Your account is expected to be credited with the new shares on or around 1 October 2021.
Please be advised in some circumstances there may be delays in the proceeds being credited to us from our custodian. Please allow 10 working days for your account to be updated.
Please copy and paste the below FAQ link into your web browser for more information on corporate actions:
https://www.ajbell.co.uk/sites/ajbell.co.uk/files/AJB_Corporate_action_FAQs.pdf
IMPORTANT NOTE - If you have any questions or queries regarding this event, please send us a secure message and ensure you quote the following in the ‘Subject’ field: CORPORATE ACTION - Canadian Overseas Petroleum Limited - 9672135
Updated: 24/09/21
Shell Loses Nigeria Oil License to State Company in Court Ruling
https://www.google.com/amp/s/www.rigzone.com/news/wire/shell_loses_nigeria_oil_license_to_nnpc-20-aug-2021-166227-article/%3famp
Not looking good for us, but I will stay hopeful
Could these after hours not be sells
We paid for atomic with shares i forgot how many billions
These would also have been locked in
If this dude wants a payday (I would),
then this price is going nowhere for a while
I am more than happy to wait it out
Let this story unfold
Imo months before true value and hopefully have OPL226 lands
Good luck to all
Starting to get a bit of interest back
Thought this RNS would have got folk a little more
EXCITED
but slow and steady wins the race
Hopefully bounce in coming
I cannot see them issuing a billion shares and then saying deal complete
Then RNS saying deal complete, surely this would be insider trading
Where buying through market may be a way round the legal side of it
Imagine getting 1 bill shares becoming a major shareholder then RNS dropping would be like wow
https://www.investopedia.com/terms/o/openmarkettransaction.asp
Need to read up myself but would make sense and deal not done till he has his shares