XOP and COPL25 Jun 2020 18:58
Hello and good evening, I wonder if someone can help me please? I have had some of the XOP Canadian-listed stock for a while and have already been told that they are convertible to COPL here in the UK on a 1 to 1 basis. The problem is that XOP only change price in 0.5c increments; moreover, XOP is flat year to date whereas COPL is up around 420%. What I would like to achieve is fair value for XOP (should this not be closer COPL increase or?) and then transfer to COPL stock which trade at far better increments. At the moment, I have stock in XOP which has basically done nothing year to date and I am getting more confused by the day. Any suggestions would be gratefully appreciated.