CUE 4.76% 10.0¢ cue energy resources limited

Ann: Trading Halt , page-20

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  1. 682 Posts.
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    To be honest mate, it doesnt make much difference whether it was 5cents or 15cents...as long as the shareprice is sufficiently above 15cents at closing date then the shares will be taken up. Its also a bit of a vote of confidence from management that they expect to get a few taken up.

    Its only dilution to yourself if you dont take them up. I mean, what price will you need to see to take them up? I understand its been volatile...ill be waiting to see how the price goes before i throw any more at it. One other question is, why would you not see it as being positive that the big hitters would be putting more money in at this 'high' price when people arent prepared to pay it themselves?

    Chart is looking good, fundamentals are looking better. Onwards and upwards...

    disc: hold some cue
 
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