Totally respect you may want "growth" and if you do Maxwell is your man.
But their current corporate strategy is hardly going to "grow" the SP anytime soon.
The bloke asked why the stock is stagnant despite current conditions - and its pretty clear the market's perception is COE will have to cap raise soon - they are sniffing to buy Orbost (which has been a dog for two years)..
Big boys / instos won't buy now as they reckon they can get in cheaper when the purchase/cap raise eventuates.
Gas Price, page-12
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Last
16.8¢ |
Change
0.003(1.52%) |
Mkt cap ! $442.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $126.6K | 755.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1304832 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1001852 | 25 |
View Market Depth
| Last trade - 11.50am 04/11/2024 (20 minute delay) ? |
| COE (ASX) Chart |