The report highlights cost savings. A 29% reduction in Geoscience staffing is larger than expected. Given the geosciences estimated cost of $160.535million from 2013 (based on staff 48% 1700 of 3550 staff of overall employee cost of $335.287 million), the savings realised is $46.555 million over one year.
They now have around 1200 staff members.
Also no notice of deteriorating conditions, reasons for some optimism in the near term. This from a company that has been primarily doom and gloom recently.
Q4 always seems to be a better month than Q3, so question is can the positive news be realised?
Best of Luck
Lost
update news week for financials, page-11
Add COF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.11 |
Change
-0.015(1.34%) |
Mkt cap ! $660.0M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.14 | $1.10 | $1.658M | 1.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1668 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 17162 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| COF (ASX) Chart |