I see CUE have put out their quarterly report today and the CEO couldn't even be bothered contributing something to it.
I also see that they are looking to dispose the last of their PNG assets.
Therein lies a good part of the story of CUE's lacklustre performance over the years.
While Oil Search went from strength to strength with their involvement in PNG, CUE (who used to share assets in PNG with OSH and STO with 15% stake or thereabouts) chose to put their eggs in the Indonesian basket.
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- ditto going nowhere
ditto going nowhere
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