Hi it's me I'm back.
No it is not worth holding on to CUE at this stage. Far to much risk...company is rudderless and has been for some time. ATM CUE is a basket case due to poor management and an overly conservative strategy. (Cardigans!)
CUE's strategy of taking no risk and riding the coat tails of farm in partners only works in the good times. A close look at CUE's SP over the last 5 years shows their SP is only held aloft due to partner activity, the current state of CUE's SP is reflective of this.
CUE needs to get their finger out and bite the bullet, employ some quality technical staff, invest in new permits and then add value. CUE's current (poorly) producing assets alone will not keep the inevitable SP decline at bay.
Ann: Resignation of Chief Executive Officer , page-49
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.36M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $262 | 2.618K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 746914 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 239960 | 3 |
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| Last trade - 10.02am 15/11/2024 (20 minute delay) ? |
| CUE (ASX) Chart |