COE 2.22% 22.0¢ cooper energy limited

negative enterprise value per barrel

  1. 8,896 Posts.
    lightbulb Created with Sketch. 540
    Bought a few today at 28c seeing as cash backing is 30cps and odds are management will avoid doing anything too stupid given their recent performance

    If I could buy the whole company for 28cps, I get my money back and I am effectively paid $5/brl to take their ~1.2mbo 2P reserves off their hands.

 
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22.0¢
Change
-0.005(2.22%)
Mkt cap ! $580.8M
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22.5¢ 23.0¢ 22.0¢ $464.4K 2.071M

Buyers (Bids)

No. Vol. Price($)
3 141521 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 22836 1
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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