RE: Expect institutional investors to come in1 Nov 2022 10:42
Agreed. Big news for me was announcing the JV going to DD. That should suggest negotiations are advanced and a deal tentatively agreed. That will interest the Institutional Investors - and that’s when we see big rises.
Now, I very much doubt that many fund managers set their alarms to specify to get up for COPL’s RNS, unlike some private investors! They’ll only be picking up on it now, discussing it, crunching numbers at agreeing strategies. They don’t come out the blocks at 8am, they set out strategic goals and work to them over a set period.
It was never going to be fireworks this morning, just private punters being emotive. However, the DD news is significant and should see COPL being a subject for discussion by bigger investors, with some deciding to open and build a position.
Patience is required. Emotions are not.
DYOR