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

2021-02-23 08:36:07

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!

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Why Coro Energy was my Dragon's Den pick

2019-04-05 00:25:39

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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