One of the reasons I am comfortable moving into COE atm is that if the price oil falls sharply COE will will either relist as a cash box, or fail to fall, and in any event (aside from oil becoming worthless, or the directors giving the cash away) will be rising in the nearterm as production adds approx 3 cps net to cash each month.
This truly is one of the lunies of the ASX, proof positive of the absurdity of efficient market theories.
Anyway before the spring goes, I'd like to add another 6% but finding cash is getting harder.
EL
bot value destroyer, page-17
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $501.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $130.8K | 704.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99912 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 707524 | 11 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| COE (ASX) Chart |