COE 6.38% 22.0¢ cooper energy limited

looks like we might finally get some action...

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    In the short term however, it might not be exactly what we want.

    I suspect those "capping" the stock of late, may have succeeded in trimming the rise of COE for now...and in the immediate term, we may see a shift in sentiment and something of weaker shareprice...perhaps over the next few days.

    I am confident however that it will turn out to be just one last shake of the tree, before the next attempt at the all-important 27c/28c level.

    If I am right and it is simply one final "shakeout"...I would expect the options should trade closer to fair value, rather than the typical 1c dicount we have seen of late.

    Lets see if I am right.

    Cheers!
 
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