COE 0.00% 18.0¢ cooper energy limited

why is it so low?, page-9

  1. 1,588 Posts.
    surely COE will recover some lost ground next week.
    it's looking real cheap at the moment.
    I'm not sure why the sell off. Dont think it's because Geordie is dry (VPE, SEA & EPE) have not suffered the same fate. COE is in a much better financial position than the other 3 companies & to have be hammered over 20% since its high is staggering.
    Yes, sure they've had a fantastic run fron .35 to .70 but at the same time they've increased reserves, increased cash holdings & announced significant overseas ventures.
 
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