The "fact" that there will be increasing shortages of gas in Victoria does not seem to be helping AEL that has gas fields and infrastructure in place that can (if allowed) increase gas supplies and hence its SP should benefit - its not yet happening. Your thesis is that COI (with much more development) may achieve "first gas" and then magically, it will get South, and hey presto, COI SP booms - nice theory (I once shared) but there's no evidence that going to happen anytime soon, and wont until, unless STO decides "its time". But if COI doesn't get "an offer, it cant refuse" then another dilutive CR is inevitable ??? "Hope is an emotion, not a strategy" - "hoping it will turn out" and buying a few hundred more shares is not sound investing. PS Shistonsou - LOL - tell your mate to get a backup generator or Tesla power board, because a "gas shortage" is not the cause of his problem.
COI Price at posting:
10.8¢ Sentiment: Hold Disclosure: Held
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