COI 3.13% 16.5¢ comet ridge limited

I have had a look at COI's website, but can not find anything...

  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    I have had a look at COI's website, but can not find anything about the gas it has been found or not found.

    How does one put a value on this share?

    How close are its tenements to BG/AOE/Origin assets and where the plants and pipelines for processing/transporting the gas?

    How seriously can one take that it thinks it may have 35TCF resource in North QLD?

    Is the current share run based on the recent takeovers and CSG being one of the very few hot areas left (maybe the only one) in the current market conditions?

    The only positive tip I have read is from Stockanalysis that had it as a spec buy when it was 28 cents in late March. Will the gas bubble simply burst once the world wide financial crises gets worse?

    AOE I can sort of understand as a long term buy with huge assets in place and a major partner, but the others seem to be running on "potential".

    I would like to buy some COI, but can not bring myself to buy now if the price could fall like a stone in a month's time.

    All views welcome.

    loki

 
watchlist Created with Sketch. Add COI (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $188.3M
Open High Low Value Volume
16.0¢ 16.5¢ 15.5¢ $117.7K 732.8K

Buyers (Bids)

No. Vol. Price($)
2 707750 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 305907 5
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
COI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.