"....load up b4 the masses find out and the train leaves the station"
ain't that the truth.
and the Insto's have done just that.
the Insto's will represent well over 80% of the share register for sure now.
What I like about COE is that they do what they say they will do.
they have set out a timetable, and schedule of events, and have stuck to it.
They are also looking at opportunities for growth outside Sole.
So Manta will be a great opportunity to add value and synergies, plus we have the expansion of C/H, which is due for a development well, but also they have identified several other nearby opportunities in that field.
Today's announcement of the acquisition of Minerva gas plant is another good growth opportunity as they state that the acquisition will reduce costs and boost throughput. Plus Minerva will be able to process gas from other parties.
The cashflow generated by Sole will be significant, at about $150m p/a from memory in last presentation. Thats not profit, but serious cash flow to continue to grow.
Also, another plus, is that Mitsui now own AWE - so now the C/H J/v is down to just two parties. Mitsui seems to be a long term, stable partner, so a good move.
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $488.4M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.5¢ | $173.7K | 1.025M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 854516 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 51212 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 97807 | 0.495 |
9 | 340433 | 0.490 |
6 | 93000 | 0.485 |
16 | 586345 | 0.480 |
5 | 523974 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 48427 | 3 |
0.505 | 358523 | 6 |
0.510 | 124819 | 4 |
0.515 | 133235 | 7 |
0.520 | 912777 | 15 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
COE (ASX) Chart |
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