If the choice is being locked in as a minority in a COE controlled coy, vs being in a $100 mc COE/IPM controlled by COE I"ll probably take the latter, with what I can't get out as cash. [I note the sp of COE now infers a combined mc of $100 mm, yet the honesty challenged coeboys are still talking the $200mm mc furphy].
However I will watch to the last, a lot can change in 2 weeks, Black October will have ended, new US president, oil $50/bbl or $100/bbl who knows? Retiring WB lauches WWIII?
Just llok at how much more base metal stocks you can now buy with your $ than when COE launched the derisory offer. Market has come a long way down towards COE's $1.32 valuation, just a pity it isn't on offer, lol.
Prefer standalone IPM, but will salvage what I can from this market wreck if need be.
EL
IPM Price at posting:
93.0¢ Sentiment: Hold Disclosure: Held
