COE 1.09% 22.8¢ cooper energy limited

""I fail to comprehend why anyone would take a punt on Kurnia so...

  1. 8,940 Posts.
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    ""I fail to comprehend why anyone would take a punt on Kurnia so close to the final result, a 10% chance of success versus a 90% chance of a duster does not seem to be a good punt.""

    Rhsurfer
    I mentioned a while back on HC this would happen as we approach d-day.
    Not sure either about the reason for this phenomenon but it happens quite often on big drills
    Fear of missing out maybe ?
    Underlying value, Cash + reserves + MOS is now around 60cps imo given the recent CB success.
 
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