COI 4.88% 21.5¢ comet ridge limited

Guys its valuation sits around 40-55c depending to the degree...

  1. 20,278 Posts.
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    Guys its valuation sits around 40-55c depending to the degree you want to risk the value of the projects and gas price you want to assume. We need a catalyst to re- rate higher but with Cleanco GSA likely to be finalised by the end of June , and more MoU for GSA flowing within next 2-3 months we will have a number of catalysts , but the one that will result in the clearest valuation gap being plugged is a TO attempt followed by competitive bidding . As I have said before I was finalising my SMSF taxes recently and in June 30 22 Wgo closed at 11c . A few months later it traded as high as 41.5 c with exactly the same reserves and assets as June 30. Once a bidding process starts all interested parties show their hand
 
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Last
21.5¢
Change
0.010(4.88%)
Mkt cap ! $227.0M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $12.99K 61.25K

Buyers (Bids)

No. Vol. Price($)
4 173072 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 418402 8
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Last trade - 10.43am 16/05/2024 (20 minute delay) ?
Last
21.5¢
  Change
0.010 ( 2.38 %)
Open High Low Volume
21.0¢ 21.5¢ 21.0¢ 94956
Last updated 10.51am 16/05/2024 ?
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