COE 0.00% 21.5¢ cooper energy limited

ann out new issue, page-19

  1. 13,963 Posts.
    lightbulb Created with Sketch. 1047
    Solid AUD CASH only, and then I will consider.

    Perhaps if BPT,PPP,NZO,CVN etc sp's are still on the floor, but really $1.50 CHEAP for a growing company which is looking set for maintain EPS 22+ cents and growing, div 6 cps, and likely to increase in a year or so.

    A COE restructure still looks a better move for shareholders imho. Something that gets the directors away from the cash drawer, gets the cash, PEL92/93 cashflow and franking credits to cash starved shareholders, and gets the high risk international stuff sold or into a new vehicle.

    EL
 
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