Funnily enough, there are always media articles that arrive when the Share Price begins to gain momentum. You have to wonder what vested interest is at play. COE has some great momentum now, I doubt this media article will have much of an effect in relation to a CR. Looks like shorters are well on their way to getting burnt now.
As I type gas prices are up another 3% overseas and sentiment in the sector has never been better. Once the next contracts are sorted there will be even more profits on offer. The rest of 2022 will be very special for COE and I believe the share price has a lot more juice ahead of it. Next quarterly update will be incredibly bullish. Under 50c is a very solid buy! Considering we were almost 60c just prior to the covid market crash in early 2020. Fundamentals weren't nearly as good then as they are right now!
Ann: Guidance and operations update, page-51
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $435.6M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $319.0K | 1.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1096863 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 205301 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| COE (ASX) Chart |