RE: What's going on?13 Apr 2023 13:51
The Bid has been at 5.80p since open, even after the sells early on, it hasn't dropped lower.
In contrast the Ask has been between 6 & 6.25p, but JBER have been on it most of the time, they have been the ones holding us up constantly, just wish they would get rid and p155 off, they have been our thorn in the side for months.
COPL have mentioned the funding will now allow the JV to be concluded, and hopefully it will soon, just the finer details to be ironed out.
Still hoping for a Take Over as I think he couldn't come out months ago and say a possible T/O pending due dillligence, otherwise thats not an 'orderly market, ' so hopefully the JV is a smoke screen to buy time, and if the RBL can't be sorted because of the financial markets etc, and knowing COPL can't do it themselves, then the only option is to sell at a fair price once the Major has done their DD.
Lets have some good news in the next few days, Monday would be perfect please.
GLA