"A capital raising will be the last thing COF would do"
I agree with this, it would be incredibly destructive.
I think this company is very good value around 1.15 like it has been today, a low of 1.135.
I wouldnt drop the entire portfolio on it, but averaging in increments is a good strat, and on a clean sheet position gives a short term CG opportunity that will likely be a higher % than the distribution. Im always open to it, but probably erring more towards long term holding now.
"A capital raising will be the last thing COF would do"I agree...
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Last
$1.21 |
Change
-0.010(0.82%) |
Mkt cap ! $722.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.23 | $1.21 | $557.8K | 459.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57294 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 3254 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
-0.010 ( 0.74 %) |
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| Open | High | Low | Volume | ||
| $1.22 | $1.23 | $1.21 | 100467 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| COF (ASX) Chart |