Front page article in today's Brisbane Courier Mail lashed huge waste incurred in Australia's foreign aid spending. Story details the number of big contracts going to half-a-dozen firms and says money is wasted on several areas. Beurocrates(sic) are also in firing line. COF heads the list of firms mentioned with $312m in Aid contracts. I'm not sure everything in article is well-founded and very likely COF will respond with vigour, but i have little doubt today's bad press will see a sell-off in COF. Holders should ask themselves :is this a temporary blip or likely to affect future COF earnings over next few years?
Front page article in today's Brisbane Courier Mail lashed huge...
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Last
$1.27 |
Change
0.005(0.40%) |
Mkt cap ! $758.6M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.28 | $1.26 | $634.3K | 498.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 84105 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 143031 | 42 |
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| Last trade - 15.03pm 12/09/2025 (20 minute delay) ? |
| COF (ASX) Chart |