Hi! cmon would be interested in your opinion on this article about COE.
https://**.st/stocks/au/energy/asx-coe/cooper-energy-shares/news/cooper-energy-limited-asxcoe-analysts-are-way-more-bearish-t
these people are predicting a loss this year of .0043 cents per share or $6.9million for COE. i can't see this in light of the lift in revenue. This is what has scared the market. they have also predicted COE's share price to end the year somewhere between 30c and 50c. this is just dartboard predicting i feel. Maybe they are trying to short the market and we have learnt in the last few weeks that is a risky maneuver.
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- Ann: Q2 FY21 Quarterly Activities Report
Ann: Q2 FY21 Quarterly Activities Report, page-38
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