It seems COE can make more by utilising portion of their cash in a take over of a underfunded coy like IPM than a share buyback.
IPM only have A$1.3M in cash to spend on a project (amongst others) that needs A$50M to unlock the value ascribed to them by an accounting firm KPMG when development funds have evaporated; or are KPMG going to contribute? I think NOT!!).
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Last
24.3¢ |
Change
-0.003(1.02%) |
Mkt cap ! $649.5M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.8¢ | 24.0¢ | $732.0K | 2.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1501674 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 320526 | 17 |
View Market Depth
| Last trade - 15.33pm 22/07/2025 (20 minute delay) ? |
| AEL (ASX) Chart |