I would be wary of COF. They have no sig assets beyond their staff and these can leave overnight, particularly in QLD and WA where the mining companies are looking for them.
Also much of the recent expansion has been overseas. I am always wary of companies that expand rapidly into new countries. Remember AMP with UK, NAB with USA, CNP with USA and many others. It may be great or a great disaster.
I used to have a large holding in COF but have sold out completely at prices north of $3.
Neil
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