Punters should remember that the upcoming spud is listed as a 10% chance to hit oil. (I think the gas chance is 40%?) This means a 90% chance of not. It's a bet and if it comes home then you stand to make serious returns although not as much as a 10 to 1 winner at Randwick I would guess. The point being that if it comes up a duster as seems likely, then the share price might just drift a bit lower until the next period of anticipation. People who take their profit now maybe be the smart ones come the 15th July. I for one will wait but given the odds I am tempted to cut and run now. Guess that's why the market is the biggest casino in town.
10 to 1 bet
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $607.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $206.9K | 909.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 548142 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 2732656 | 35 |
View Market Depth
| Last trade - 12.49pm 31/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |