Happydayz
Not sure what you mean when you say "gas code keeps things contained".
The final gas code of conduct should curtail any investor uncertainty in regard to COI's assets being progressed to production phase.
Share price shouldn't be associated with value as Auto has reiterated several times. All we need is a catalyst or two for this to enter the 20c - 25c range. However, we all know Comet is worth multiples of 17.5c. At minimum, one could argue it should trade at $1.25-1.50 per GJ of reserves, being superrrr conservative.
So at 1.25x = $243,750,000
at 1.50x = $292,500,000
Look at where it trades today...
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COI
comet ridge limited
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6.67%
!
14.0¢

Gas code, page-29
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $167.5M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.0¢ | $150.0K | 1.044M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38513 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 619606 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 38513 | 0.135 |
5 | 138615 | 0.130 |
3 | 154000 | 0.125 |
3 | 480000 | 0.120 |
3 | 300001 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 619606 | 3 |
0.150 | 786040 | 9 |
0.155 | 200000 | 2 |
0.160 | 200383 | 5 |
0.165 | 30000 | 1 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
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James McDonnell, CEO
James McDonnell
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