Australia's largest stock trading and investment forum Australia's #1 stock forum

COE

Click for more information

1.22%

20.8¢ cooper energy limited

Cooper's Orbost deal 'value dilutive', page-3

First 3 Last

Share
Profile

Follow
Solarpat

959 Posts.

135

28/06/22

20:54

Post #: 62258819
Share

Originally posted by jake0002: ↑

the rest of the article says:

"Positives including removing a future higher tariffs risk as well as adding more infrastructure to Cooper's portfolio and boosting its ability to allow more "capital-heavy approaches to debottlenecking".

While the move has its merits, "the risk we previously highlighted that APA might get the better of COE in negotiating on the price tag for Orbost appears to have been realised".

Morgans maintained its add rating on Cooper with a slightly reduced target price of 31c.

But said: "We expect it will take some time for the market to 'digest' the recap."
Shares in Cooper are up 0.8 per cent to 24c at 2.20pm AEST.

***********************
so they think it is dilutive, but still have a price target of 31c.
"boosting its ability to allow more "capital-heavy approaches to debottlenecking". --- that to me seems to refer to maybe the 3rd Absorber ????

Expand

I said this months ago( another absorber) now they can do it without APA f....king things up , i believe in 12 months time this will be double the share price and hopefully looking to drill again .

COE Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

There are more pages in this discussion • 6 more messages in this thread...

First 3 Last

Add COE (ASX) to my watchlist

(20min delay)
Last 20.8¢		Change 0.003(1.22%)		Mkt cap ! $561.0M

Open	High	Low	Value	Volume
20.5¢	21.5¢	20.5¢	$336.4K	1.606M

Buyers (Bids)

No.	Vol.	Price($)
20	894356	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	248093	18

View Market Depth

No.	Vol.	Price($)
21	900697	0.205
16	1320197	0.200
11	262184	0.195
9	301050	0.190
5	474069	0.185

Price($)	Vol.	No.
0.210	191231	15
0.215	839736	18
0.220	2080490	18
0.225	164550	5
0.230	205461	8

Last trade - 15.29pm 19/06/2024 (20 minute delay)

COE (ASX) Chart

SPONSORED BY