focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
What is exactly cocc’s aim 1. To reach 30% and to buy out at lowest price, but do they have enough capital 2. To exceed 30% and just buy as much as they can for sale day and have a controlling share 3. To exceed 30% and genuinely ride the wave and have other shareholders interests at heart. This is the puzzle we look forward to in 2018. I’m not sure 3 is applicable as money is involved and they are only in it for themselves, that is just simple logic. Who knows, good luck to them but let’s just hope we all don’t get sailed down the river on some bullshit backdoor agreement that sells us out in a scheme where we all moan about it being illegal but we can do nothing about. For once let us hope we see fair value. Merry Christmas
Just more delays, more disappointment and more nothing happening for another 12 months. This will lead to more unrest in sp and will no doubt result in a perfect storm for coc to grab any more shares. Everyone should remember they have all the intel at their disposal which we don’t have and will know exactly when to try and steal this company from under our noses. Vital important that we don’t let them, any offer must be way over £1.
Trouble is, the lower we fall, even a massive 50% rise in one day is garbage in pence increase to the lth but is nonetheless ok for a quick trade. I honestly think the lth here is sunk.
Probably price taken down to allow coc to reach 30% with minimum investment and make a lowball offer in 40's look like a result to many! Coc will then agree to sell to NA at a derisory level but have a private clause which still allows them to reap future benefits and an ongoing income stream, but we'll never see that agreement , of course ! Turned over again.
Provided Coc are not under pressure financially, they will be carefully crunching the numbers to come to a realistic value for etinde etc. They will not give it away for 40p just because that will give them a return. If it's worth a £1 then that's what the for sale sign will say. Only in a fire sale or lack of any buyer or a complete stitch up would coc or any other sensible holder sell for less. I've no doubt the people who bought in 20's who are happy to sell in 40's will all be chirping that we were robbed also when they see the real value down the line if they agree to sell.
Can anyone who is following Xel now, advise exactly what news we are currently waiting on and expected dates. Thanks.
Forgive the cynical remark, but basically no new news re drill, sp pegged at 10p, merger happens (because that is what has been agreed already), news re upgrade announced wow that much more! And we all lose out. In reality that is what will happen, so transparent.
Cannot see any further good news being released prior to deal signing, this is a done deal at a hammered down price and not for the benefit of the lowly pi. They have already stated that the agreement is for fogl shares at sub 10p , don't see anything that says it could be more?
And this merger is good how? Only a month or so ago my shares were worth 25-30p, driven down for no reason to a respectable 9-10p ready for a share swap. What a joke, there is only one winner here and its certainly not me. Aim at its best once again. Multi bagger we are no longer irrespective of what we find now as the % increase on any RKH activity is going to be a whole lot lower than any Fogl activity allowing for the fact that our own share price has been halved for the purpose already. We will need to see an RKH sp into £1.50 territory to even make it worth while, just aint gonna happen.
This bb starting to look like RRL of late, think we all best turn off and come back in 6-9 months time.
Up 9% down 12% thought so, your not going to be trying on that slipper any time soon I reckon this still has a couple % to fall yet, but could be getting close! All I need is for blvn to pull it's finger out so I can invest more here but even that doesn't look good at the moment, every day a bit further down. About time we had some sunshine and smiles on aim.
After yesterdays post......thought as much. Still I do not like being right on this occasion would like to see me wrong and it fly.!!
Any bets we see a reversal of this tomorrow and a continued slide in the sp.
Agree, someone wants shares but amazing how easily the mm's can change the price to achieve liquidity. I know it is their job and that they are entrusted to do this but still shocks me how easily and with how much force they are able to do it on no activity.
WTF is going on here. Down 3% then up almost 6% almost 500k sells and 80k buys. You wouldn't bet on it would you, who exactly is controlling this price, sure as hell is not following any logic.
Everyday getting closer to my 10p prediction, unfortunately. Still if it gets there I will add more as something has to give with this baby sooner or later and 10p would be just ridiculous.
Hate to say it, as I have a few des, but I predicted that this would see 10p a few months ago if the chart/trend being indicated was correct. I think it looks like it is. What concerns me about des is that at some stage they will probably relinquish SL for some cash to enable them to move on with their other prospects. Problem is, we all know the cost of drilling and the cos attached and I cannot see them having enough ongoing cash to risk. The only way forward for them at the moment has to be a farm in or total t/o at the moment. There problem is field locality is very intertwined/close to noisy neighbours and not sure if they will obtain enough interest for investment required. Although they have proven asset I'm not convinced that they are in a terribly strong position moving forward in any form.
sorry,still don,t know what the message was, what has 12 got to do with anything? Remember this one, yes, ....12 no, sorry. Would help if people just wrote in plain English, this is after all a b&b and not a cryptic clues site. IF your gonna say something, say it, no point if people cannot work out wtf you are saying, not enough time to 12 inch about! ;-0
unless I am mistaken 12 inches is only 1 ft , not 1 ft 1? Perhaps alexios is talking about c*cks and thinks we are about to get shafted big time, either way I haven,t a clue what he is talking about!
i thought this was going to drop lower after recent falls but it looks like its stable at this sort of level for the moment. Even if the share price drops the ask stay where it is more or less.