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Results: CORO

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Coro Energy – “Golden Hello” bonkers scheme: the Hoods coin it in

After hours Coro Energy (CORO) declared a placing and open offer to re-invent itself as a “green business”. The deal values a company of no substance at £572,280 of shareholders cash as a “Golden Hello” and £150,000 per annum and share options to the same value to the 50% owner to become the CEO. Nice work if you can get it!


Why Coro Energy was my Dragon's Den pick

Coro Energy (CORO) was my pick this year during the Dragon’s Den session I was involved in at the UK Investor Show, and I also hold a small position here myself from around the current share price. Like many smaller companies in the oil and gas sector, it is an investment that I class as being speculative, hence not risking huge amounts of money in it at this stage – but there is also a lot of potential upside...

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