I don't mind contrarian views, but how about some analysis on which to base your prediction?
You might as well call a low price like 1c ?
even with the low oil price, COE is still generating cash flow, has cash of $36m or almost 11c per share!
so where do you get a figure of 12c ??
it has the Sole and Manta gas assets plus Orbost gas plant.
the Sole /orbost project is about to go to FID.
It is about to sign new gas customers for l/t contracts.
its future is squarely aimed at domestic gas - not exporting oil or LNG.
downramping is good for me, as I will keep hoovering up shares.
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17 | 921687 | 0.205 |
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Price($) | Vol. | No. |
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