Really pleasing quarter....costs have come right down. Production costs for the qtr were $1.4m (annualised at $5.6m - last year annual production costs were $11.8m) so this is just money in the bank for CUE and should add $5-6m to EBITDA this year. Its looking like $15-16m EBITDA is easily possible this year which means CUE is trading at around 1.8 X EV/EBITDA compares to 2.8 x for HZN as an example....and HZN has one of the lowest valuations in the sector. CUE can double from here and still be cheap.
I understand there is a long history with this stock but it is firing now and doing all the right things. They are also drilling, so if they get a hit then who knows where the stock will trade.
- Forums
- ASX - By Stock
- CUE
- Ann: Quarterly Reports for Period Ended 30 September 2018
Ann: Quarterly Reports for Period Ended 30 September 2018, page-2
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUE (ASX) to my watchlist
|
|||||
Last
9.6¢ |
Change
-0.014(12.7%) |
Mkt cap ! $67.07M |
Open | High | Low | Value | Volume |
9.5¢ | 9.9¢ | 9.3¢ | $54.18K | 564.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 137132 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 180909 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 33060 | 0.096 |
4 | 266670 | 0.095 |
2 | 14975 | 0.093 |
3 | 49565 | 0.091 |
3 | 140555 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 181003 | 2 |
0.098 | 21591 | 1 |
0.099 | 28580 | 1 |
0.100 | 84544 | 1 |
0.105 | 67145 | 3 |
Last trade - 15.17pm 11/09/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |