Might be great for Beach or Santos, but not COE at these share price levels. Considering many holders bought above 30c and are now deep in the red. A takeover right now probably wouldn’t get us above 30c. Best thing COE can do right now, is fight off the opportunist vultures, continue making these minor profits, paying off the debt and wait for the government to shift its ridiculous gas policies and higher gas prices. Hopefully the public pressure will come this winter as supply dries up and then the inevitable rise of gas prices. The situation can only improve from here imo, as operational issues are dealt with and prices rebound.
Ann: Quarterly Report - Q2 FY23, page-35
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $475.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.3¢ | 18.0¢ | $1.172M | 6.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 276782 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 227600 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| COE (ASX) Chart |