COE 2.56% 19.0¢ cooper energy limited

current cash equivalents, page-8

  1. 9,509 Posts.
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    Hi guys,

    The only thing is a lot of that cash will be gone if the IPM holders take their 50 cts with the take-over transaction.

    The sad thing is that COE could have taken a lot of shares on market and much cheaper, if they would have withdrawn the bid.

    We will now end up with far less cash and heaps more shares but at least the oil flow will double.

    jojo
 
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