COE 0.00% 20.5¢ cooper energy limited

re: farmout - dont think so If I was Mike Scott, I'd take the...

  1. 1,588 Posts.
    re: farmout - dont think so If I was Mike Scott, I'd take the opportunity to raise 20mil @ .75c for a possible acquisition & future exploration.
    Yes it will dilute the shares but there's only 136mil issued.
    Imagine another 20mil in the coffers of COE.
    Hartley's have been recommending this stock since it was 37c, so Mike Scott should knock on their door & see if they can come up with 20mil @ 75c
 
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