CUE cue energy resources limited

Ann: ADDRESS: CUE: Chairman's Address and Com, page-16

  1. 682 Posts.
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    re: Ann: ADDRESS: CUE: Chairman's Address... Do you honestly think that CUE is Todd's "play thing" for "riskier" activities?

    To put it into perspective, the Todd family control around $2.6b in assets through Todd Corporation. Their holding in CUE is less than 1% of their wealth!

    Is CUE ever going to be a driver behind their overall growth in wealth? No

    Would CUE energy even get a mention at half the board meetings of Todd Corporation? No

    Given this, and the fact that CUE represents less than 1% of their assets, why would you think that they would care about CUE at a strategic level at all.

    CUE is run as an independent (albeit conservative - not risky!) oiler. The share price is volatile, but their portfolio and performance of assets is better than most.

    I think most people on here need to stray away from the idea that majority shareholders are out to get them and that shorters control the stock prices....it's a little ridiculous.
 
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