COE 0.00% 22.5¢ cooper energy limited

Ann: Response to ASX Aware Letter, page-4

  1. 259 Posts.
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    COE has picked up end of life assets with scant regard for the abandonment costs, which are now coming home to roost. Never paid a dividend, never will. Surely must be close to abandonment costs being on par with market cap, and below the cost of its “assets” - assuming they can be sold to some mug.
 
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