COE 6.38% 22.0¢ cooper energy limited

XOM and WDS selling Bass Strait Assets, page-11

  1. 1,632 Posts.
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    I guess it is transformational in that it diversified away from exposure to gas prices and obviously gives exposure to infrastructure. It’s quite a significant change in that (based on my very tough calc) about 25% of the assets of COE are infrastructure vs 75% oil and gas, although the infrastructure will be higher because I can’t be bothered working out value of the 50% stake in Athena.
 
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23.5¢ 23.5¢ 22.0¢ $1.480M 6.569M

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23.0¢ 302620 9
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