We're screwed! DM may be correct about our sales but what's done us is market sentiment. We have an underperforming plant in Orbost and an Otway plant with insufficient feed. Couple that with next year's drilling program and the necessary capital raising plus government price cap and our SP can only go further south. Great buying for long term holders but be prepared for a boulder strewn road next year.
I'm stuck here as I bought in at the peak, expected a quick return as Sole came on line. Didn't realize they were using new tech otherwise wouldn't have touched it with a barge pole, DYOR applies. If I'd left my money where it was I'd have tripled it, instead I have a third.
Best hope is a buyout, or fill up the tank for a very long ride. I can only see us going the way of AJL in the next 6 to 12 months; very reluctant to throw good money after bad on more drilling even though that's our best way up in the long term.. Looking at 10 cents on another share issue, not keen at all. Will start to sell on any bumps as a tax offset.
- Forums
- ASX - By Stock
- COE
- Gas Price Cap
Gas Price Cap, page-34
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
Add COE (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M |
Open | High | Low | Value | Volume |
22.0¢ | 23.3¢ | 22.0¢ | $808.0K | 3.568M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 713180 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 345000 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 713180 | 0.220 |
7 | 855221 | 0.215 |
11 | 864238 | 0.210 |
9 | 364688 | 0.205 |
9 | 358300 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 345000 | 6 |
0.235 | 851491 | 22 |
0.240 | 3109600 | 27 |
0.245 | 353534 | 9 |
0.250 | 412931 | 12 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
NEWS
Is oil undervalued?
COE (ASX) Chart |