whilst the Orbost production numbers are very disappointing, it seems L1 Capital is gung-ho and bullish on Cooper's prospects.
They are now up to 17.15% - that's a big investment, and a high conviction.
Obviously they are confident that Cooper will get Orbost to eventually hit nameplate.
What they will have deduced, is that Cooper's cashflow, even based on the poor performance of Orbost, is cashflow positive and profitable - ie so downside has some limitations.
[ATTACH] whilst the Orbost production numbers are very...
-
- There are more pages in this discussion • 15 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
23.5¢ |
Change
0.015(6.82%) |
Mkt cap ! $620.4M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.5¢ | 21.8¢ | $5.324M | 23.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 274960 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |