The IPM share price was 97c when the offer was made, without it the last few days they would probably be trading on the low 90's so a few swift traders made a nice short profit the last 2 days.
I was thinking more along the lines that one or two of the institutions who have lost their proverbials on COE's current share price may prop it up a bit ... wouldn't take to much to drive it to the high 40's where IPM would be worth around 1.50 which would likely persuade a few to take it in this market.
Anyway people, I am a new comer to the share game (18 months) .. I sure picked one heck of a time to enter this game.
HOWEVER there are so MANY greatly undervalued companies out there that a buy and hold of a bargain (of which COE is one by all concensus) may not be a bad thing.
The IPM share price was 97c when the offer was made, without it...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $554.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $1.007M | 4.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55729 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 596402 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |