If rates even hold here for some time, then COF will raise capital.
If rates go up, capital raise would occur very shortly after and the market will see it coming a mile away, so the raise will be at levels well below current share price.
Rates are only falling from here if there's a recesssion, which would in itself not be a good outcome for COF because it would mean leasing market would be even worse than current one.
Just don't see how the risk reward makes sense anywhere close to current prices and can see this trading down significantly, ala TOT.
If rates even hold here for some time, then COF will raise...
-
- There are more pages in this discussion • 6 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 COF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
0.015(1.23%) |
Mkt cap ! $734.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.25 | $1.22 | $1.389M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18738 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 8782 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| COF (ASX) Chart |