Nick
Callawonga was a developemt well , ( little reserves added ) of which the company owns 25% so at best it may add 50-100k barrels in reserves for Coe . COEs problem is it only has prod from PEL92 which is mature and discoveries in the last two years have been smaller and the failure rate higher also . Cooper at present even after its fall, trades at a premium on an EV per 2 p reserve relative to many of it's producing peers . BPt , tap , CUE , SXY etc
This is why I think offshore success is critical and offshore failure with cost blowouts will be very damaging for COE medium term . It is possible COE trades in the high 20s if there isn't success offshore and it ends up paying on top.
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $554.4M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.007M | 4.796M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55729 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 596402 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1221068 | 0.205 |
13 | 606307 | 0.200 |
4 | 429608 | 0.195 |
9 | 424363 | 0.190 |
2 | 316452 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 596402 | 4 |
0.220 | 410000 | 5 |
0.225 | 747680 | 8 |
0.230 | 1083014 | 13 |
0.235 | 857418 | 19 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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