For those holding heads this is going to be downward drift from here - I would sell now and buy back in a few months if you still believe COS is 50/50. The SP is almost guaranteed it will be lower in a few months.
Worse case - if the SP nears 1.4c it could plummet as early investors (.007c level) will take their 50-100% profits and run.
For many diehards - they will hold on regardless. It will be a waiting game as DW and the BOD pin their hope and last ditch effort on the HRZ in Apr 18.
Oppie holders are done...even the highly optimistic couldn't come up with a reason or scenario for the SP to rise between now and Mar 18. The only one I can think of is the potential of a takeover or lowball buyout but even this is highly unlikely.
Sorry for the gloomy post - just how I see it.
Ann: Investor Presentation - Project Icewine, page-65
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $25.63K | 12.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 104 | 121902882 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 581892899 | 237 |
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| Last trade - 15.05pm 03/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |