39.6 million shares would have cost them nothing to issue
they bought 4 million on market at average $1.15
probably spent about 2 million on the offer and possibly a further 5 million on acceptances.
all up i reckon this exercise has cost them 15 million but this is just ball park.
I think management are clearly under the pump now. They've had 3 years to deliver from their overseas adventures and they have failed.
To rub salt into the wounds, I wouldn't mind seeing an announcement from IPM stating coeboys incompetence.
I'll continue to hold but will jump out if it gets over my initial .26 buy
how much left in the kitty, page-6
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $541.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $318.3K | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 1831236 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 610032 | 29 |
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| Last trade - 13.53pm 15/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |