In a take-over scenario, the buyer often suffers from a sell down if the market has concerns about what price they will be paying, or of the likelyhood of success. The target, on the other hand, usually rises.
Could today's action with BPT and COE be an indication of something in the wind?
BPT has suddenly been sold down to it's capital raising levels and buying interest has also suddenly returned to COE...especially the options which are now trading at a healthy premium.
Let's hope my predictions (guess) of a corporate move for COE finally pay off.
I previously mentioned that a possible trigger might be confirmation of Worrior production...an announcement regarding Worrior is due any day now.
COE are close to, if not at, their low this time round...so it would be as good a time as any for a corporate move.
Cheers!
- Forums
- ASX - By Stock
- COE
- interest at last...
interest at last...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COE (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $600.6M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.5¢ | $270.5K | 1.187M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 588640 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 3159124 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 547347 | 0.225 |
17 | 500266 | 0.220 |
15 | 1933881 | 0.215 |
13 | 1082640 | 0.210 |
16 | 428663 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 3171989 | 34 |
0.235 | 1285714 | 27 |
0.240 | 3907524 | 28 |
0.245 | 455210 | 14 |
0.250 | 753468 | 15 |
Last trade - 14.11pm 31/07/2024 (20 minute delay) ? |
Featured News
COE (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online