COE 4.65% 20.5¢ cooper energy limited

kiwi-1 about to spud..., page-53

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    re: cooper..success so far underwrites 30c+ What a ripper of a day.

    Took a bit of a punt early this week and bought back all the COEO's that I sold the previous week. I generally wouldn't do this, given that my remaining options were free, but couldn't help myself!

    It appears that it was a pretty good move. (sorry to the guy who sold me some at 5.8c...lol)

    It's good to see options finally on parity with the shares...this suggests to me that the market is comfortable with today's closing price and that it isn't expecting too much volatility from here!

    Should be pretty much 1 for 1 with the FPO's now too...with a bit of smoothing out here & there.

    Common sense appears to have returned today with persistent, yet controlled buying throughout the day. This is the kind of activity that I like to see...and if the volumes can be maintained, we are likely to see the price continue to rise over several more sessions.

    So...as I see it...with two wells about to spud and some pretty healthy valuations floating about, COE should be headed to the mid 30's in the not too distant future.

    The oppies still look cheap to me!

    Cheers!

    ---

    By the way...my records don't go back as far as the last top 20 report...can anyone post it for me.

    Thanks in advance...
 
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Last
20.5¢
Change
-0.010(4.65%)
Mkt cap ! $541.2M
Open High Low Value Volume
21.5¢ 21.5¢ 20.5¢ $948.2K 4.560M

Buyers (Bids)

No. Vol. Price($)
11 2093607 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 318077 4
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
COE (ASX) Chart
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