COI 6.06% 15.5¢ comet ridge limited

Ann: Comet Ridge Announces Capital Raising , page-3

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  1. 11,543 Posts.
    lightbulb Created with Sketch. 273
    Seamfiend,

    Just taken a look here myself, also struggling to see the value at 44.

    I note some of the directors sub underwriting at 27 (less subunderwritters fee?). I guess at 27 I might see value too? not sure.

    *Mahalo - looks pretty limited in potential given the mc
    *Galilee - well there are cheaper options in imho, given they have not really highlighted anything that strikes me as attractive - time might prove otherwise.
    *Greymouth - where's the market? Christchurch sure. Well the crow might do it in 180km, but by road closer to 300 crossing the Southern Alps. By pipeline maybe similiar and I doubt a market in Christchurch to justify. It"ll be a major engineering feat.

    Happy to look elsewhere until these guys show more than their pedigree. Sometimes mongrels are better.

    EL
 
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15.5¢
Change
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Mkt cap ! $188.3M
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16.0¢ 16.0¢ 15.5¢ $48.04K 305.1K

Buyers (Bids)

No. Vol. Price($)
3 707272 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 99742 4
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