RE: Expectations9 Mar 2021 14:39
CawCaw
The stand out part in the RNS for me:
"announces the successful completion of the oversubscribed accelerated bookbuild process announced on March 8, 2021 raising gross proceeds of GBP14,000,000 (the "Placing"). A total of 4,375,000,000 common shares (the "Placing Shares") were placed by Tennyson Securities (the "Agent") with institutional investors and high net worth private investors/family offices at a price of 0.32p per Placing Share"
So, I have chosen to read it as follows.
Someone, or a few people, or an Institution, or a few Institutions were prepared, at very short notice, to throw £14 Million at COPL, at only 10% lower than the current value.
This, for me, is a far bigger and far more relevant indicator for the future of COPL because of the Atomic deal, than any one, or collection of, anonymous posters, who have misgivings.