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Share Name Share Symbol Market Type Share ISIN Share Description
Coro Energy Plc LSE:CORO London Ordinary Share GB00BDCFP425 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.2775 0.27 0.285 0.2775 0.27 0.28 13,793 08:00:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -5.8 -0.7 - 6

Coro Energy Share Discussion Threads

Showing 2851 to 2875 of 3025 messages
Chat Pages: 121  120  119  118  117  116  115  114  113  112  111  110  Older
DateSubjectAuthorDiscuss
03/3/2021
20:51
𝐂𝐎𝐑𝐎 𝐄𝐍𝐄𝐑 9814;𝐘 𝐐 & 𝐀 𝐒𝐄𝐒𝐒 9816;𝐎Ү21; @CoroEnergy invites shareholders to submit questions for a live Q&A session on Thursday 4 March 2021 at 10am You can submit your questions ahead of the session on Thursday via s.dees@coroenergyplc.com https://buff.ly/2ZU346k
currypasty
03/3/2021
20:39
Anyone else had problems registering for tommorrow ?
xxx
03/3/2021
17:58
I think Stews question was about the ethics rather than how to participate. Companies like Coro, Corcel, Ascent etc are designed to pump and dump by the Boards. When the share price spikes a wink to the insiders to sell short with long date, and then a placing follows, allowing the shares to be bought back/delivered.The Co fets funds for keeping lights on, insiders make a bit of produt & all are happy. Apart from the PI who bought during the spike. Theyre left hugh & dry.
mrzippo
03/3/2021
17:20
Stew - I was once offered by broker to become a "professional investor" due to the size of my account and trading level at that time. That could have allowed me to take part in placings, but it came at a higher commission/fees cost to reflect the broker's added workload. Also, I didn't feel like splashing out on level 2. I've been involved in a couple of initial IPOs which are offered to the public, and also a number of open offers to existing shareholders. On a couple of occasions, to raise funds by selling after the qualifying date, provided the share price is higher than the open offer. I've also committed fresh funds, or sold other shares to raise cash to participate. As you say, placings are a different matter and require going behind the wall and sworn to secrecy. However, before the vast majority of AIM placings, a sudden unexpected drop occurs some time prior to official announcement. I guess word gets out to mates and through brokers' Chinese (paper) walls. Rules get broken and money is made while us poor mugginses are last to know and we're only ever relaxed if the placing gets away at a premium. Broker's like share price Angel and WH Ireland may be worth approaching. There is also this route: https://primarybid.com/ Me, I'm just happy to poodle along with my low commission execution only online broker. I even have a holding in them going back to their initial IPO and AIM listing which is standing me in good stead and provides an increasing quarterly dividend.
steelwatch
03/3/2021
16:27
I can never understand how companies or individuals can forward sell, if they are involved in any placing surely a condition must be that when they are aware of this they become an insider so they cannot trade until announced so how can they forward sell.
stewart4990
03/3/2021
14:49
Anyone wondering how the bond restructuring might go should look at the conditional agreement Echo Energy made with Lombard Odier, the holder of €5,000,000 debt in the company, in Dec 2020: https://www.investegate.co.uk/echo-energy-plc--echo-/rns/operations-update--debt-restructuring---fundraise/202012010700050192H/ It includes cancelling warrants at the original price (3p) and issuing new warrants at 0.3p (the same as the placing price announced the same day). I think Lombard Odier hold half of Coro Energy debt of €22,500,000 . Warrants were issued at the time : " Bond subscribers and undewriters were issued with a total of 47,357,500 warrants to subscribe for ten new ordinary shares in the company at an exercise price of 4p per share at any time over the three year term of the bonds". I expect the price of those warrants could be reduced to 0.4p which is also the same price as the recently announced cash raise in Coro Energy. Note also the option in the Echo Energy agreement for the bond holders to convert accrued yearly interest into shares, with a 10% discount to the prevailing share price. A lot of shares potentially on top of the 2,200,000,000+ shares already announced. And the New Long Term Incentive plan hasn't been mentioned. Coro Energy and Echo Energy have plenty in common including the respective BOD's, past and present, and how they have been set up. Be careful.
helpfull
03/3/2021
13:40
Just looked at the 3 private companies he was a director of. All of them dissolved.
digger2779
03/3/2021
13:03
good luck with that mate, like my questions, not expecting much back..lol
currypasty
03/3/2021
12:53
There's a lot of nest feathering going on at the expense of us PI's as usual. I wont be taking up the open offer unless I get favourable options like the incoming CEO! I'm having problems working out the sums behind this. The placing RNS says the conditional placing price is 0.4pence. I think they mean 0.004p. It then goes on to say the new guy in addition to his £150k salary will get options of 37,500,000 at a price of 0.1p. Do they mean 1 penny or a tenth of a penny or a hundredth? So a guy that is a co owner of a private company formed in 2019 which is insolvent walks into a job as CEO of a listed company and his claim to fame is he has "screened" over 25 GW renewable energy projects and now needs funding on 2 projects. Whatever screening is I shudder to think but have a feeling they were laptop presentations. He is supposed to give a small presentation which will appear on the company website but no sign of it yet. What questions have others asked? I have questioned why we are paying over £500k for an insolvent company. Why is he being made a CEO when he was only a project manager in a former life with BP and Cairn..so no board experience there. What is the incentive package option price. When will a GSA be signed for Duyung and do they intend to sell all, part and if part end up with development costs. Money for old rope.
digger2779
03/3/2021
10:48
The Placing is done. The 3 large shareholders are all happy to take dilution, effectively reducing their stakes. The new investors, will be underwater but a strong chance that they may have already pre-sold into the market when the price was higher than the subsequent placing price, so already booked a profit.The Open Offer will not likely be able taken up, but maybe some rabid idiots here that will fall for it.
mrzippo
03/3/2021
09:26
so a couple of 1 mil sells at .35 yesterday now 0.35 - 0.37 Is the placing going to fail.. be voted out.. why sell now? Anyone know whats going on?
currypasty
03/3/2021
08:55
A notice convening the General Meeting, which is to be held at 11.00 a.m. at 15 Appold Street, London, EC2A 2HB on 15 March 2021, is set out at the end of the Circular. anyone taking up their open offer shares at above the current shareprice.... thought not!
currypasty
02/3/2021
13:22
I'll be asking a couple of questions.
digger2779
02/3/2021
12:02
Did you ask them If the directors only incentive is to increase the share price to a price 8% less than the day before the RNS what the hell is the point in investing?
nametrade
02/3/2021
11:58
Ive sent mine off, unfortunately I think ive zero % chance of an answer, but it made me feel better!
currypasty
02/3/2021
11:54
Good idea Curry I might just do that.
nametrade
02/3/2021
11:42
C𝐎𝐑𝐎 𝐄𝐍𝐄𝐑 9814;𝐘 𝐐 & 𝐀 𝐒𝐄𝐒𝐒 9816;𝐎Ү21; @CoroEnergy invites shareholders to submit questions for a live Q&A session on Thursday 4 March 2021 at 10am You can submit your questions ahead of the session on Thursday via s.dees@coroenergyplc.com It would be a good idea to email relevant questions, like why raise so much now with Duyung conclusion 'shortly'
currypasty
01/3/2021
22:32
If this board think this is a good deal and beneficial to shareholders it just shows what an absolute shower they are. Sacked JM and then what less than 6months later replace him with this guy that cant run a bath. So all the money they saved on their money saving push was a total waste of time.
nametrade
01/3/2021
13:05
mrz - this one. Helpfull has an axe to grind https://uk.advfn.com/cmn/fbb/thread.php3?id=46515891
digger2779
01/3/2021
13:00
Whats the other board?
mrzippo
01/3/2021
11:59
Not happy with this and have reduced recently. Fortunate that sold some at 0.7p and paid sub 0.3p. If this deals goes through what are they going to give debt funders to extend loan?
blueblood
01/3/2021
11:44
ive voted my shares against looks like a scam to me
currypasty
01/3/2021
11:43
This was posted on the other board "From California Joe’s blog. Coro Energy (CORO) announced a proposed acquisition, placing and open offer. It has agreed to acquire Global Energy Partnership Limited, but all this company appears to have done is to have “screened̶1; some renewable energy projects. CORO is issuing 142,500,000 new shares (current value over £575,000) to pay for this £2 capital company, whose 31 January 2021 accounts filed at Companies House show it to be insolvent with assets of £136 and liabilities of £2,715. The placing raised £4.5 million gross, though, and a further £500,000 is hoped for from the open offer, but I suspect most of this will be used to “restructure” CORO's debt and enable a “divestment221; of the Italian assets (they’ll most likely be paying someone to take them). Along with its stablemates, Echo Energy (ECHO) and Sound Energy (SOU), CORO is one I’ve been negative about for some time and from much higher prices." We need to vote no to this acquisition if you can call it as such.
digger2779
01/3/2021
11:41
Hi Toon - more people read the other board so I've taken the liberty to copy your post over there. I think TW is reporting this transaction to HMRC for starters. They are making the joint owner of GEPL the CEO of CORO if it gets voted in ffs!!!
digger2779
28/2/2021
22:14
From California Joe's blog. Coro Energy (CORO) announced a proposed acquisition, placing and open offer. It has agreed to acquire Global Energy Partnership Limited, but all this company appears to have done is to have "screened" some renewable energy projects. CORO is issuing 142,500,000 new shares (current value over £575,000) to pay for this £2 capital company, whose 31 January 2021 accounts filed at Companies House show it to be insolvent with assets of £136 and liabilities of £2,715. The placing raised £4.5 million gross, though, and a further £500,000 is hoped for from the open offer, but I suspect most of this will be used to "restructure" CORO's debt and enable a "divestment" of the Italian assets (they'll most likely be paying someone to take them). Along with its stablemates, Echo Energy (ECHO) and Sound Energy (SOU), CORO is one I've been negative about for some time and from much higher prices.
thetoonarmy2
Chat Pages: 121  120  119  118  117  116  115  114  113  112  111  110  Older
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