As always you have a 50% chance of it going either way.
There is the camp that thinks that the present t/over uncertainty is depressing the price and it will rise once we know .
Then there are those that think that the price will fall a lot in the short term since COE will be settling within 14 days and there will be millions of additional shares issued which the former IPM'ers will/may dump on market which will depress the price for a while.
The fact that COE is now trading in the 30's may well be because the management have ""arranged"" short term buying to make the price more attractive to those wavering with indicision, they only have to do this for 2 more days and then possibly whamo to the price.
I sold all my when they issued the final offer notice thinking that possibility #2 was the more likely but I could be (and have often) been wrong.
So interesting week coming up.
Good luck to all
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $541.2M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $1.307M | 6.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 234049 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 515740 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 234049 | 0.205 |
21 | 1308060 | 0.200 |
7 | 517840 | 0.195 |
10 | 506963 | 0.190 |
3 | 332668 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 515010 | 6 |
0.215 | 1034945 | 7 |
0.220 | 413995 | 5 |
0.225 | 480848 | 5 |
0.230 | 972231 | 11 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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COE (ASX) Chart |