BPT held a decent stake in COE (c. 10% from memory). Sold shortly after Matt K took over as CEO. The BPT downgrade, as I understand, is oil, not gas. Also, COE has a lot of ex BPT assets. In short, can’t see BPT wanting to take over CEO, especially with the offshore abandonment obligations.
BPT doesn't have time to take over COE without extended finance, page-6
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Last
22.0¢ |
Change
-0.015(6.38%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $1.480M | 6.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36904 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 302620 | 9 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |