Recoop,
I have my limits - and for a small company like IPM 15% weighting has seemed to me about the limit, therefore had to put some in other stocks, eg COE and CVN in the oil sector.
Of course my holding in COE is much less than 15%, I have MUCH lower limits for the roulette wheel.
Why am I attracted to this roulette wheel - well the next few spins were free, ie if the next few wells are dry the asset backing is still there.
Why don't I like COE messing with IPM - because they are very different animals and my bet is the result will be a stuff up, as happens with most takeovers.
Anyway I notice my COE sp is rapidly descending to the 3.1 ratio (as I expected), thereby halfing the so called "premium".
EL
- Forums
- ASX - By Stock
- COE
- takeover offer for ipl
takeover offer for ipl, page-33
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COE (ASX) to my watchlist
|
|||||
Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $541.2M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.5¢ | $948.2K | 4.560M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2093607 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 318077 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2065334 | 0.205 |
16 | 715714 | 0.200 |
3 | 323076 | 0.195 |
7 | 366734 | 0.190 |
2 | 316452 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 318077 | 4 |
0.215 | 636253 | 5 |
0.220 | 416126 | 6 |
0.225 | 637680 | 7 |
0.230 | 1082604 | 14 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
COE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online