COE 2.56% 19.0¢ cooper energy limited

30mil plus in abandonment costs! This must be a joke! Looks like...

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  1. 12,166 Posts.
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    30mil plus in abandonment costs! This must be a joke! Looks like Rock Bottom is coming. Having said that, this is the time, the bargain hunters will arrive and hopefully in the new financial year we will see a rebound. The only part of the announcement I like is that the new CEO is going to streamline costs and hopefully get rid of a lot of this dead wood we are paying for. Right now we are paying too many salaries for people not performing. This stock needs a big replenish and turn around! Way too much bad news lately for one stock.
    Last edited by coto: 06/06/23
 
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