where is evidence that L1 is shorting?? did I miss that?
my view is that L1 is averaging down. They see value as far as I can make out.
Everyone here seems to miss the fact that COE is still making plenty of cashflow even at the current poor production levels of Orbost.
The big Instos are still not selling.
COE did mention Solids Removal package - I have forgotten details, but have a listen to conf call. I think they said they are waiting on the short term efforts to fix problems, then they will re-look at solids removal package.
Poor production from Orbost lately, and will be lousy figures for Sept qtr.
Ann: FY23 full year results and FY24 outlook presentation, page-14
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $541.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.8¢ | $1.196M | 5.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127303 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 312143 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
20.5¢ |
Change
0.005 ( 0.20 %) |
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| Open | High | Low | Volume | ||
| 20.0¢ | 21.0¢ | 19.5¢ | 7301734 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| COE (ASX) Chart |