RE: nice chart since they announced acquisition Yep. There's no liquidity in the stock, so like many reverse mergers with no liquidity, the stock goes down making it impossible to do an equity raise at a reasonable valuation in order to rectify the situation. Oando should have bought the rest of Equator for stock while OER was at 1.70. This would have created a float. They ignored my advice. Now, I don't know how they close the COP acquisition. Meanwhile they have deposited a few hundred million towards the purchase. Maybe COP will take paper in the purchase. What a disaster!