COI 0.00% 17.0¢ comet ridge limited

Comet Ridge is laser-focused on delivering Mahalo gas to a...

  1. 2,383 Posts.
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    https://www.theaustralian.com.au/business/*/content/comet-ridge-is-laserfocused-on-delivering-mahalo-gas-to-a-structurally-short-east-coast-market/news-story/87d496b90256ecdf9c8ce12ce0018eff

    Yes, this is a "sponsored report" ( aka paid advertising ) but what else can the MD and BOD do ?
    The article lists in detail. what COI assets are and its plan of action - I don't see how they can put more lipstick on - STO is the obvious intended suitor, but is playing hard to get. Eventually COI's gas will get a bid but GOK when .... not if ?
    Meanwhile COI must keep lean & keen and avoid further dilution - the situation in 2024 is immeasurably more sound than ever, so endless harking back to the past is a fruitless endeavour. Instead, imagining that one never owned COI - would you buy it on ist present fundamentals - if so HOLD or Buy more, if not SELL and move on .... and stop picking the scab and boring the tits off every follower of the COI HC blog.

    Last edited by MIStragic: 17/07/24
 
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