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
$1.28 |
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0.010(0.79%) |
Mkt cap ! $760.1M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.28 | $1.26 | $291.3K | 229.6K |
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| No. | Vol. | Price($) |
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| 8 | 5544 | $1.28 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 62983 | 23 |
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| Last trade - 11.21am 12/09/2025 (20 minute delay) ? |
| COF (ASX) Chart |