Not many positives in there IMO, but largely as expected.
Two that stand out is the award of two new US Aid contracts worth 222m, and the continued support of our lenders.
I do believe there is a very viable business contained within the acquisition fueled wreckage that Coffey has become.
Glad Roger Olds is gone, clearly some very poor decisions around capital allocation have been made in the last few years. Lets hope John Douglas has the fix at hand.
Wouldn't add at this point quite frankly the solvency metrics have deteriorated to a degree that I would rather not be a holder, but not prepared to exit while I can see light at the end of a the tunnel.
Not many positives in there IMO, but largely as expected. Two...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.26 |
Change
0.040(3.29%) |
Mkt cap ! $749.6M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.26 | $1.23 | $1.130M | 913.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3064 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 25973 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| COF (ASX) Chart |