RE: Short term share price COPL12 Sep 2023 10:59
The recent punchy s/p fall here has me thinking a 35-40k bpm 'only' August production level is thereabouts priced in now.. I doubt it will be worse than that - if it is this will go towards 2.75p, i'd guess - and there's a good chance it will be in this range or a little higher.. and half a chance it will be over 45k bpm, even.. i'd guess ...
40k bpm could support a decent rally and 45k bpm + could support a nice/very nice rally here, i'd guess
As, based on August production no's, the s/p downside feels limited from 3.15p here and the upside potential proportionally plenty greater, I small topped up again this morning.
IMHO & DYOR