Underlying profits don’t help unless you eventually end up with profits.
it just means they have deducted what they see as expenses incurred that are not relevant to the current years operations and it’s argued that they are just smoothing out the results. I think it’s disingenuous to do this for COE as those expenses are not so much one offs but critical to ensuring production is maintained.
have a looked at the reported result for COE in FY22. It’s a loss not a profit.
Ann: Change in substantial holding from MUFG, page-10
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $594.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.5¢ | $110.7K | 484.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 168539 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 1064915 | 46 |
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| Last trade - 12.06pm 03/06/2024 (20 minute delay) ? |
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Last
23.3¢ |
Change
0.000 ( 1.22 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.5¢ | 22.5¢ | 246003 | ||
| Last updated 12.09pm 03/06/2024 ? | |||||
| COE (ASX) Chart |