The results are expected with the BMG nightmare. Next half report should have the BMG nightmare completed and a huge weight off our shoulders which has affected sentiment and confidence in COE for years. We know the costs expected for this decommission. It has been written about extensively in every report so it shouldn’t be a surprise. The key is Orbost, if that reversal and improvement continues, along with the improved sentiment in the gas sector, then this share price will finally start reflecting these turnarounds. A great time to be accumulating in the next 6-12 months as this turnaround takes place Imo.
COE Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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