COI 0.00% 16.0¢ comet ridge limited

trading halt - it can't be cash

  1. 440 Posts.
    lightbulb Created with Sketch. 1
    Is there a big gaseous entity sniffying about? We will have to wait and see. The Santos activity may be the deal.

    I doubt it would be cash raising as this does not fit in
    with the tone of the continuing exploration and the cash on hand. It is not a great time to raise cash although the east coast gas pricing issues in the press lately means that this stock could be undervalued by a large amount.
    Best to demonstrate that by selling a small part at a large multiple?

 
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