Hi ronstieb,
Well today we had a bit of a re-rating for COE.
Long overdue in my, and I think also your opinion.
What we need now is go to the fair value bit and that has to be above the 30 cents.
As the company said on the website rockbottom price purely on fundamentals is now 31 cents.
With future deals in mind and upside from new anticipated exploration ventures we should be allowed to build in some value for this.
So I stay put with my current value of around the 35 cents a share for COE.
Once some good deals are being made or more oil added to the reserves we can look for higher prices.
jojo
undervalued, page-22
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19.0¢ |
Change
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Mkt cap ! $501.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $84.89K | 451.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 123639 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 274260 | 8 |
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