COE 0.00% 22.5¢ cooper energy limited

Ann: Ceasing to be a substantial holder, page-7

  1. 659 Posts.
    lightbulb Created with Sketch. 240
    It would be great to get an update from our highly paid management as to whats happening re gas flows and why it's only at 22.5tj per day.

    Is it a demand issue or a commissioning issue? If its a commissioning issue whats next?

    From the last presentation:

    "Sole gas supply agreements to commence. Industrial
    contracts on 1 December. Remaining contracts on 1 January
    Supply commitment to ACQ1 of 19.75 PJ pa (54 TJ/day)"

    COE is way short of this target. Not long now to 1/1/21. Big production increase required to hit that target.

    A statement re any potential purchases is also required. Its out there and our management doesn't say anything. It doesn't need to lay the whole deal on the table, just some broad indication as to what is happening.

    I don't understand why the ASX hasn't sent a query to the company. Oh yeah, they are all out celebrating what a great job they have done this year and receiving there bonuses.

    Thank goodness we have some alert posters on this thread.smile.png

    Clarity and an informed market would be nice.wink.png Whats going on???????????

    DYOR

    GLTA
 
watchlist Created with Sketch. Add COE (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.000(0.00%)
Mkt cap ! $594.0M
Open High Low Value Volume
22.5¢ 22.5¢ 22.0¢ $593.7K 2.672M

Buyers (Bids)

No. Vol. Price($)
10 290435 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 205975 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
COE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.