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CORO Coro Energy Plc

0.114
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
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 0.00% 0.114 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Natural Gas Liquids 6.71M -4.12M -0.0014 -0.79 3.15M
Coro Energy Plc is listed in the Natural Gas Liquids sector of the London Stock Exchange with ticker CORO. The last closing price for Coro Energy was 0.11p. Over the last year, Coro Energy shares have traded in a share price range of 0.114p to 0.425p.

Coro Energy currently has 2,866,858,784 shares in issue. The market capitalisation of Coro Energy is £3.15 million. Coro Energy has a price to earnings ratio (PE ratio) of -0.79.

Coro Energy Share Discussion Threads

Showing 8201 to 8222 of 8325 messages
Chat Pages: 333  332  331  330  329  328  327  326  325  324  323  322  Older
DateSubjectAuthorDiscuss
26/4/2024
10:50
Thanks Sage. But isn't it a poisoned chalice for anyone coming in unless the situation with the bonds can be sorted to the benefit of all stakeholders ?
ride daice
26/4/2024
10:22
We need a proper director with the right skills and experience to move this company forward in the right way.
jason90
25/4/2024
19:36
TBH, not sure how Parsons was able to get away with his business practices for this long.. Hopefully he will get his Karma for wrecking people's lives.
jason90
25/4/2024
17:58
Zak, and malcy may take offence at that 😂
currypasty
25/4/2024
17:01
Cheers Toon. When I read the "worse is to follow" I thought TW was referring to CORO not Parsons. Mind you we need to get this GSA sorted pronto as I reckon the bondholders aren't going to wait forever i reckon.
digger2779
25/4/2024
16:52
Well this doesn't look good....worse to follow? According to TW. I'm not a subscriber just get his daily email.

Once upon a time James Parsons appeared to walk on water. Folk like Brokerman Dan waxed lyrical about how the Parsnip could create value from nothing. Zak Mir’s charts looked great. They always do. In reality it was all a great promote and the castle built on sand that was Sound Oil/Energy (SOU) crashed to earth. Today shareholders in Coro Energy (CORO) have voted Parsnips off its board and its shares have been suspended. I can reveal that worse is to follow…

digger2779
25/4/2024
14:43
I agree .I can't imagine he'd be selling them down here he knows what's coming .once the gsa done this will be at multiples for sure
toolsmoker
25/4/2024
13:52
Toolsmoker25 Apr '24 - 11:47 - 5362 of 5362

Carrington seems to be doing a decent job on the renewables side of things, maybe they will elevate his role in the parent company? As far as Parsons is concerned I'm glad he's been given the boot. Although he had no control over the GSA he came across as an arrogant sob and was quite happy raking it in through his multiple part time jobs here, AST and Echo energy. I notice from Companies house he still has a role at Coro clean Energy Vietnam Ltd.
I believe he's not too well liked in the city and let's hope he doesn't try and trash the share price with his millions of "freebies". Might be worth trying to find out how many he has, including options over cheap warrants.

digger2779
25/4/2024
11:47
AST.L about to do the same with Mr Parsons .it seems like his time is up .can only see this as a positive thing .he has no control over the gsa .get someone in who's renewables for when the cash does come in
toolsmoker
25/4/2024
11:32
Good riddance to bad rubbish as far as I'm concerned with Parson's.
mebo2
25/4/2024
11:31
Presumably, this was the AGM presentation?
steelwatch
25/4/2024
11:09
Comment from Panmure Gordon:Coro Energy (CORO.L, 0.14p, £4m) shares were suspended after the AGM where Exec Chairman James Parson was booted out after his re-election was roundly rejected by shareholders. This move leaves the company with only one director so the shares are now suspended. This was a surprise and will be a setback for the company while it resets the management team. The question as to whether Mr Parsons ego can handle the rejection remains unanswered.
mrzippo
25/4/2024
11:03
The turnout was quite pitiful.

Shares in issue-------2,866,858,784 as at 1 February 2024

Top 2 major holders:

River Merchant Capital--271,043,991 9.45%
Novum Securities--------238,439,994 8.32%

Vote to oust Parsons:---393,994,930 13.743%

steelwatch
25/4/2024
10:54
Didnt the bondholders get shed loads of shares as quarterly interest payments before shareholders stopped the company issuing shares?
At the time they never seemed to rns any changes in holdings notifications... who knows how many they have left, or who they sold them too if they did sell some/all

currypasty
25/4/2024
10:48
Quite right. See footnote:

"2. Only holders of ordinary shares are entitled to attend and vote at this meeting."

steelwatch
25/4/2024
10:36
Bondholders do not normally have voting rights.
georgesorrow
25/4/2024
09:43
Is there a link for the telegram group?
rafboy
25/4/2024
09:24
agree, stop any insider dealing... and while they are suspended i cant lose any more money on paper
currypasty
25/4/2024
09:22
Hopefully we get GSA news now before we recommence trading!
blueblood
24/4/2024
23:25
Funny you should say that, Tom Kelly at EME is of the same mindset. Hopefully will endure the same fate soon.
showme01
24/4/2024
23:04
It's obvious, the big investors had had enough of Parsons for some reason ,maybe they thought Parsons was turning Coro into his own personal fefdom ..
crankylad
24/4/2024
21:28
Oh! How rude?

The voting numbers would suggest that CFE, who took over CIP Merchant Partners a few years ago, and with it their 8%+ shareholding would be the only shareholder to have the 266 million shares that could cause the voting swing around between resolutions 2 and 3+4.

It would explain the loss of Marco Fumagalli a few weeks ago.

Lombard have sold all their large shareholding.

It would suggest a clear intention to sell the oil and gas assets and the wind/solar assets. And monetise their holdings.

Parsons received ~$400,000 remuneration in 2022.

Got to feel sorry for the guy, but I suspect he has nicely feathered his own nest.

Be careful.

helpfull
Chat Pages: 333  332  331  330  329  328  327  326  325  324  323  322  Older

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