COE 4.65% 20.5¢ cooper energy limited

takeover offer for ipl, page-31

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    Take a look at the mid caps - the institutional radar has not helped them - all decimated.

    The only things that will help any of the oilers is building a profitable business record, time and a seachange in sector sentiment.

    Atm no-one (except a few of these companies) has the cash or apetite to buy anything - look at the COE liquidity.

    I wasn't suggesting you go out and buy IPM yourself, merely pointing out that it was being done on your behalf, and if that came to it's intended conclusion you'd have a huge asset weighting in Selmo etc.

    EL
 
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