COI 3.13% 16.5¢ comet ridge limited

GuysThanks for the replies.I am still dithering about this one.I...

  1. 10,469 Posts.
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    Guys

    Thanks for the replies.

    I am still dithering about this one.

    I recently bought a few ESG (probably not as much upside given the number of shares on issue) and WCL (which has not really moved that much over time).

    I am beginning to think that a lot of the movement in this sector is becuase of all those ex-CSM investors from PES, etc who want to continue the CSM ride and are pushing up share prices.

    COI is a bit of a sleeper in relation to its huge tenement in North QLD, and I have no idea how commercial this would be. Maybe just having control over such an area makes COI valuable. The US projects are too small to count towards this run, but at least the revenue from that source will fund COI existence in caretaker mode in the event that we have a financial meltdown and investment in this sector dries up.

    loki

 
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16.0¢ 16.5¢ 15.5¢ $117.7K 732.8K

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2 707750 15.5¢
 

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Price($) Vol. No.
16.5¢ 305907 5
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