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!!).
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $649.5M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.0¢ | $208.5K | 859.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 520125 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 371899 | 8 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| AEL (ASX) Chart |