"Give me an example. Meos market cap is more than cue and they produce squat diddley. "
Near term drilling attracts the hot money, although MEO's prespud run seems to be topped out imo.
If NU appraisal was spudding next week, I'm sure CUE's sp would be higher than 15c now.
CUE's modest production income is good but its adding to reserves through the drill bit that creates shareholder wealth.
Comes down to timing. CUE reckon NU will be drilled in Q4, but that could be up to 4 months away.
Anyway, I'm happy to slowly accumulate at these levels, but unlike you, I'm not surprised CUE is trading where it is.
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Last
11.8¢ |
Change
-0.003(2.08%) |
Mkt cap ! $82.14M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $8.047K | 69.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1296075 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 44992 | 2 |
View Market Depth
| Last trade - 15.43pm 18/07/2025 (20 minute delay) ? |
| CUE (ASX) Chart |