The COE chart started to move in the opposite direction to the three large oil/gas companies starting on 6/10/22. I can't see anything justifying the fall. There was the quarterly and the intention of the MD to retire. The quarterly states that the production is up but the revenue is down due to lower gas price. Was the expectation higher?
Looking at the chart, there was a breakdown, and the next support seems to be at 18-19c. Surely, a company to watch...I still think the management earn too much. When it comes to small cap companies, there seems to be a negative relationship between management salaries and the share price performance.
The COE chart started to move in the opposite direction to the...
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 21.5¢ | $902.5K | 4.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 255314 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 217388 | 8 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 22.3¢ | 21.5¢ | 731370 | ||
| Last updated 15.12pm 22/05/2024 ? | |||||
| COE (ASX) Chart |