I think the fact that they only have about 1 million barrels of 1P reserves left may have something to do with the soft price.
Compare this with a AMU which has similar market cap and cashflow but has 5.6 mil 1P and 6.7 BCF IP gas.
No doubt Coe will rev like it did earlier this year when they drill some more big potential prospects...I think that's not till next year, so punters probably deciding to park money elsewhere in the meantime
I think the fact that they only have about 1 million barrels of...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457152 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17446 | 8 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |