the silly money flow continues to chase crap oil assets, and the printing press continues issuing shares in flaky companies for further drilling and employee salaries.
Cooper is a great model. No continual share placements. Sure, they issued out some shares to buy the Seruway deal, but that was a purchase of something material rather than raising some spending money.
They have loads of cash and strong cashflow. They are building a very strong and stable company. I would not be surprised to see a predator look them over if they get a little bigger.
I have had these shares for five years, have traded parcels up and down many times, but always maintained a core holding. The people running this are very shrewd and very canny.
the silly money flow continues to chase crap oil assets, and the...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $541.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.8¢ | 20.0¢ | $942.5K | 4.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4992864 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 753642 | 12 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| COE (ASX) Chart |