COE 2.22% 22.0¢ cooper energy limited

Yes my maths was completely out. Not enough sleep. At $1.5 bill...

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    Yes my maths was completely out. Not enough sleep.

    At $1.5 bill mc that is a massive stretch for this company. COE will maybe manage a $20 mill profit this year with extraordinary gas prices the sole reason for the profit. Next year may see a slightly higher number but not by much in my view. Whatever additional margin we get out of the Orbost acquisition will probably be lost to depreciation.
 
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