Will COG stand alone & make it's way in life, is it about to go thru a metamorphosis?
Is COG where it is due to NAOS needing the cash & NAOPS previously having too many shares in the one basket? Was 31.2% of MC, now 16.6% of MC. Still holding perhaps more than they'd like?
Can CAF & EPY remain as they are?
Are their others with synergies that can enhance these 3? - All up their MC's aren't that great?, if deeper pockets decide they can leverage off their various capabilities?
Sizeable interest in trades with EPY today! Surely NAOS isn't continuing to sell COG down? The volumes today appear to be buyers, we haven't seen this daily volume since some large dumps in July & April last year!
1,703,289 EPY traded today! Approx. just over 0.5% of EPY's MC (approx. 0.67%) appears sizeable relative to usual daily activity?
Are we on the cusp of some market action with any of these 3 ASX shares?
COG Price at posting:
97.0¢ Sentiment: Hold Disclosure: Held
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