Amazed,
As a fellow COE supporter, with no media/broker support and the price stagnant for the first 6 months I held, I am absolutely staggered at all the strong buy recommendations, and media attention now. It's deserving, but staggering how long everyone took to wake in to the story. Imagine the attention the next deal will get, or a Tunisia farmout.
I do fault fat prophets on one point, an NPV of A$40/bbl looks far from conservative. Perhaps they are allowing for existing field reserves creep. I am betting on existing field reserves to hold above 1.1 mmbo right through 2006, despite production (provided they are revised after Worrier 4), so wont really argue the NPV. Just opinion though.
Just wating for Uncle StG to put COE on there ML list, sometime this year?
Badly Biased,
Entropylord
fat prophets, page-2
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 22.0¢ | 20.5¢ | $951.4K | 4.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21919 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 578771 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |