Thats an amazing turnaround. From being a COE champion in your relentless battles with Tony M I am surprised at the wehement disparaging of COE now.
As a holder of both I for one am grateful to COE for making the bid , when they did we were trading in the 90 cent range and shot up to $1.20 because of it, since in the subsequent market events dropped us down to 80 cents.
Without the bid we would "probably" and likely have droped below 60 ...of course we will never know.
So thank you COE management for propping up our share price and as an extra bonus dropping the coe price to .26 and .265 where I have been investing heavily.
So when the $4 price is realised as per IPM solicited valuation it will be good for all of us even COE who only bought theirs for about $1.10.
It still astonished me that the IPM faithful can not get the price much above 80 cents .. good thing our directors have been buying even in the very small amounts.. they probably supplied a lot of the daily volume.
Like i have fessed up before, I am still new to trading so don't knowmuch and having had the choice lately I have been buying COE in preference to IPM.
To me "at current prices" they do seem to be better value.
Ignorance is bliss.
IPM Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
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