Thanks
I bought back today (as have followed this after selling a while ago), but wasn't aware of the size of the abandonment cost.
It does significantly increases the Enterprise Value (as its basically debt that needs to be paid), so does make this riskier than I had thought.
I do think there will be more upside from the shift in gas policy though.
Would rather debt is not used as a funding source for these abandonment costs, as it will shift our balance sheet
On a dark day, is Orbost on run to testing 68?, page-26
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $593.7K | 2.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 290435 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 205975 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |