re: re:ian My view is if it's a choice between a conspiracy and a stuff-up, go for the stuff-up.
Reason one is COE isnt doing any drilling, and punters love drilling. Bored punters = selling punters.
Reason two is junior oil punters have to sell something to buy GOG and INP, and as you need to sell 4 COEs to buy 1 INP, thats selling pressure there.
Reason three is COEO holders who dont plan to convert want to sell their options for what they can get (thanks, Tastarga).
Reason four is COE is falling because COEO is falling. Then COE falls because COEO is falling. It's called reflexivity (thanks, Mr Soros).
I dont think it's a broker conspiracy.
But I do think that I need to get my kicking boots on and convince COE management to do something - anything - to boost the share price between here and march.
Denying any knowledge of a takeover bid is being brewed by Beach would be a good start.
Ian Whitchurch
inp - valuation given flax+yarrow reserves, page-6
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $448.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $181.4K | 1.051M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 227484 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 851548 | 8 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AEL (ASX) Chart |