I stand by my post on the 17 December. COS has been a dud for long time now and any slight increase invariably leads to nothing. The price has as usual consolidated initially back in the .10-.11 cent range, and lower now at 8 cents. Until something concrete in terms of an announcement comes from the business there is more downside yet. Falcon347 you need a strong palate to hold on for the next 9 months as you've suggested as there isn't any indication of cost cutting or increases in production in the pipeline. If there was an inkling, investors would know about it. There are bargains in the market right now, and reality is, COS isn't one of them.
what should we do, page-8
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Last
$1.12 |
Change
-0.005(0.44%) |
Mkt cap ! $199.6M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.12 | $1.12 | $42.56K | 38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30150 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 21460 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| COS (ASX) Chart |