RE: bought in !22 Mar 2021 22:20
EarlofAim it has been debated that there may be a reverse takeover of Proger through the parent company holdings , what Cadogan may be doing is tightening a better share deal , as the old old CEO had set this deal up with say friends within friends.
The new CEO is ruthless and getting his own back on a deal that was never to be paid back in loans.
If you was to forget about this loan never existed , cadogan are still worth more with $11 in the bank , 7 Billion sq ft of gas in storage , gas and oil producing assets ; gas trading platform ; Service sector on oil and gas rigs ; Tax rebate from Ukraine's in the millions. Licence in Italy foe exploring oil and gas. high court case on 2nd licence in Ukraine was 70% win to now 60% win ( Followed the Ukraine court system and fair but some corruption in past )
Anyway add the above without Proger loan your looking at fair value of 22p a share