COF 0.00% $1.21 centuria office reit

bad press will trigger sell-off

  1. DSD
    15,757 Posts.
    Front page article in today's Brisbane Courier Mail lashed huge waste incurred in Australia's foreign aid spending. Story details the number of big contracts going to half-a-dozen firms and says money is wasted on several areas. Beurocrates(sic) are also in firing line. COF heads the list of firms mentioned with $312m in Aid contracts. I'm not sure everything in article is well-founded and very likely COF will respond with vigour, but i have little doubt today's bad press will see a sell-off in COF. Holders should ask themselves :is this a temporary blip or likely to affect future COF earnings over next few years?
 
watchlist Created with Sketch. Add COF (ASX) to my watchlist
(20min delay)
Last
$1.21
Change
0.000(0.00%)
Mkt cap ! $755.6M
Open High Low Value Volume
$1.21 $1.22 $1.20 $498.8K 412.7K

Buyers (Bids)

No. Vol. Price($)
2 19876 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.22 7064 1
Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
COF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.