Agreed Jake002. However, the 'cash' backing you refer to is 39M with the remaining 13M in ASX listed resource stocks. Their 22% interest in BAS is only a small fraction of this investment leaving them holding minority stakes (less than the 5% requiring disclosure) in a number of other O&G companies responsible for a larger deterioration in their 'cash and investments' than their capital spend.
I'd like to see these divested along with the Tunisian acreage to fund their gas developments. Whilst many are picking the floor for oil, an imminent (circa 2-3 month) global crude storage shortage is likely to put further downward pressure on crude and O&G resource stocks in general. Lets hope they are actively managing their portfolio.
- Forums
- ASX - By Stock
- COE
- Ann: March 2015 Investor Pack
Ann: March 2015 Investor Pack, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COE (ASX) to my watchlist
|
|||||
Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $541.2M |
Open | High | Low | Value | Volume |
20.5¢ | 20.8¢ | 20.5¢ | $121.1K | 589.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 658303 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 1080881 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 665446 | 0.205 |
32 | 1302818 | 0.200 |
10 | 571623 | 0.195 |
13 | 593178 | 0.190 |
5 | 403006 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 1079982 | 26 |
0.215 | 993453 | 12 |
0.220 | 311495 | 9 |
0.225 | 638646 | 11 |
0.230 | 967731 | 15 |
Last trade - 13.45pm 20/08/2024 (20 minute delay) ? |
Featured News
COE (ASX) Chart |