COE 0.00% 26.5¢ 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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Mkt cap ! $432.2M
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26.5¢ 27.0¢ 25.0¢ $1.887M 7.308M

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No. Vol. Price($)
2 7846 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 24023 2
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Last trade - 16.10pm 14/05/2021 (20 minute delay) ?
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26.5¢ 26.5¢ 25.5¢ 1082473
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