COE 0.87% 58.0¢ cooper energy limited

Price below cash backing??

  1. 3,353 Posts.
    Are they really trading below their cash backing at 15 cents? If so, that sounds like a free bet to me.

    With the first discovery apparently being put into production by Christmas, they cannot have too much of a cash drain.
 
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Last
58.0¢
Change
0.005(0.87%)
Mkt cap ! $940.4M
Open High Low Value Volume
57.0¢ 58.0¢ 56.5¢ $4.007M 7.016M

Buyers (Bids)

No. Vol. Price($)
2 103375 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 471578 17
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Last trade - 16.10pm 12/11/2019 (20 minute delay) ?
(live)
Last
57.5¢
  Change
0.005 ( 0.70 %)
Open High Low Volume
57.0¢ 58.0¢ 56.5¢ 436923
Last updated 15.59pm 12/11/2019 (live) ?
COE (ASX) Chart
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