COE 1.32% 18.8¢ cooper energy limited

tapis in ausssie dollars still 140

  1. 20,454 Posts.
    lightbulb Created with Sketch. 2015
    Despite the fall in oil cooper will still be netting 115 per barrel.

    I do think oil will break down soon and will move to 110 or even 100. Hopefully this will followed by a biggish fall in the Aus$ to cushion the impact.

    Not wanting to sound like TM, but i think reseources will be depressed for a while, despite fundementals, so perhaps this is the time to initiate a buy back so a few million shares can be bought at a good price.

 
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