re: >>> impossibly cheap !~ a reminder There are arguments of an impending capital raising although the company are saying that the bank will provide the funds required to bring on the very profitable development of Oyong.
Once this is resolved CUE will have a new direction.
Given that CUE has reserves of more than 40 cents per share then at some stage the market will respond and good profits will result.
Despite the capital raising question,CUE are a bargain at this price.It's worthwile having a few in the portfolio and keeping cash to take up an offer should one occur.
Regards M.
>>> impossibly cheap versus resources, page-4
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $584 | 5.559K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 343138 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 726435 | 14 |
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| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| CUE (ASX) Chart |