quarterly out next week , page-2

problem is that COE look like using much of it on higher risk and costly plays (and also dabbling on the share market, not too well at that so far). Whereas in my view it would be better to start giving some back to holders (they say they won't). I'd really like to see COE just keep making money out of what they already have and hopefully a few more fairly low risk plays, paying divies all the while until it winds down. I'd let management take a few mil for that rather than see them pouring buckets of money into (more) high risk high impact plays that are now much more heavily weighted to the downside risk.