Canadian Overseas Petrol... Share Discussion Threads

[smcl] 08/9/2019 21:08

Forget all that waffle about trades. None of us know when these trades were executed.

We need news positive news- come on AM DELIVER!

[msk7] 08/9/2019 19:31

you have now.

[billthebank] 08/9/2019 19:10

SNAP Never heard of LRGS transactions

[eckoh] 08/9/2019 18:40

Kcowe, until Friday I was unaware of LRGS trades, just happened to go on to LSE proper to check on some on COPL trades and saw the trade flags. The other one was on the 33m and is still there. Intrigued by these, and disbelief that after all the delays someone was buying such a large amount, I investigated further and came upon European Securities and Markets Authority. Info there was not crystal clear but indicated to me that these trades could be delayed by up to a month. So was it a buy or a sell? We may never know as msk7 pointed out the reporting threshold on TSX is 10%. In the past few years the Annual Information Sheet and Prospectus make no mention of any significant shareholders over 10%. There were some, what happened to them? Lots of smoke and mirrors. Next time I will do this level of research before I buy rather than after I've lost money! Anyway there's an essay, wine time now see what tomorrow brings.

[kcowe] 08/9/2019 17:24

eckoh .. is it usual or unusual for the london stock exchange to unflag trades in your experience ?

[msk7] 08/9/2019 16:55

sorry just re read your post you do say unflagged about 4pm.

[msk7] 08/9/2019 16:52

you need to double check that the LRGS has been removed.

[eckoh] 08/9/2019 16:42

Hi I post as Bakingmental on LSE and that large trade was definitely marked up as an LRGS trade. Looked at it on there about 3pm. Saw it a few times as was checking out some other trades, it was unflagged by about 4pm. Seems a bit more civilised over here since I last posted about 15 years ago. Let's hope it was a buy and a turn around is on the way.

[kcowe] 08/9/2019 11:10

there was also a 30k buy the day before and another 29k buy friday ...
very interesting as you say .

[msk7] 08/9/2019 10:40

this week should be interesting regardless.nobody spends £167,000 for a reason.they must be expecting good news soon.might not get it this week but must be very close.

[marmiesz] 08/9/2019 06:54

You're right and I usually do, but goes to show that it's a good idea to verify any statements made on bb,Marmie

[kcowe] 08/9/2019 05:47

lesson is do not trust poaters on a bb ... do ones own due diligence

[marmiesz] 07/9/2019 22:31

My mistake for calling it an LRGS. I was relying on a poster from LSE who claimed it was flagged as that. Next week will be interesting,Marmie

[kcowe] 07/9/2019 21:38

Yep no flag , only description is xoff .Use MIC code ‘XOFF’ for financial
instruments admitted to trading or
traded on a trading venue, where the
transaction on that financial instrument
is not executed on a trading venue,
systematic internaliser or organised
trading platform outside of the Union,.
taken from european commission document .
Delay in publishing trades the size reported , end of trading day ,next day .

[smcl] 07/9/2019 20:58

Facts boys facts that’s what’s needed

[msk7] 07/9/2019 19:39

have had a look that trade was not classified as a LRGS.could see no flag.

[marmiesz] 07/9/2019 17:26

Because it's classed as LRGS by the stock exchange. I doubt if we will ever get to know what this was about but either way it's a large sum of money to either buy in to COPL or dispose of a holding. I rather think it was a buy as this would be a notifiable interest and thus far there is no one that owns 10% of the co.Marmie

[kcowe] 07/9/2019 11:39

Why should it be delayed ?

[marmiesz] 07/9/2019 08:09

Lots of talk on the large trade. Anyone know how long can this have been delayed for?Marmie

[msk7] 06/9/2019 17:51

so basically someone bought 5% of company today.the investor must be very confident.

[msk7] 06/9/2019 17:49

holding notification for a Canadian listed stock is 10% and not 3%.
correct me if am wrong.
so no holding notification me thinks.

[hammopj] 06/9/2019 17:00

Holdings notification

[asm5] 06/9/2019 16:57

What’s a TR1 and what’s the implications?

[kcowe] 06/9/2019 16:47

Tr1 .... That will ba about it .. if there was big news coming , i would have thought there would have been lots of background strength????

[hammopj] 06/9/2019 16:45

RNS Monday me thinks...