cambodia sale not impressed, page-13

Mr Gordon/Pulse,

Agree. Whilst the sale is dissapointing, it is dissapointing in that it suggests holding the 10% was little value to COE, not that the decision was wrong, something was clearly seriously not to the liking of management.

No doubt in my mind that management has done the right thing, and we can't even accuse them of previously hyping up it's worth, but it doesn't make me want to buy more COE shares. The lead on question being "what is Tunisia really worth?". perhaps not much.

Contrary to the views of the most ignorant poster on the coe board, management is sound. Strange that someone that doesn't agree would buy a load of their shares. Doesn't seem to have picked the timing well at all, esp with the collapse of oil.

Ironically I might even be closer to agreeing that the sp could dip to low forties, depending on QR and poo.

EL