COE 2.38% 20.5¢ cooper energy limited

perlubie-1 , page-12

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    Hope you know what you are doing with ROC, and have taken a look at their decade of huge expenditure. To some extent it is the unfocussed, high expense path of ROC that I fear COE is travelling down. Don't neglect to tally up the DAX over the past 5 years, or if you prefer the E&D expense.

    Imho the COE boys will be attempting very hard to get a few more cps out of TPA, but there might not be boardroom unanimousity on that. To some extend they will feel like me - it was a steal at the price at the time - but now not exceptional value, and only compelling if you liked the management approach.

    EL
 
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21.0¢ 21.3¢ 20.3¢ $421.5K 2.047M

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25 1076121 20.0¢
 

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21.5¢ 538029 11
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