Dargie, to be honest given what has changed with the company make up recently, i think it is impossible for anyone to determnie what potential CPN have until ENERGO announces their action plan. As they mentioned they will be reviewing all existing projects in the Czech to determine what ones will continue. You do not have to be smart to work out that Krasna will mostly likely go along with some of the other smaller projects.
Energo ( after the placement ) will own almost 40% of the company which will be controlled by Russian / European investors and if they wanted to, i am sure could raise more capital at the drop of an eyelid. Russia in particualar is very rich in natural resources and i would not be surprised to see new projects being initiated there in the future.
Sure, additional capital raisings will further dilute the shareholders however the upside potential is HUGE in my opinion.
Good Luck
R
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Mkt cap ! $4.807M |
Open | High | Low | Value | Volume |
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1 | 20736 | 0.051 |
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Price($) | Vol. | No. |
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0.060 | 23657 | 1 |
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