OSH earnings per share: 2.68 cents. Price 81.
CUE earnings per share: 2.02 cents. Price 4.8
Both have a stake in the 80m oil column announced yesterday as a producer in a couple of weeks.
China is looking to buy $25 billion of gas from our region. Japan is taking all the gas it can get from Woodside. The U.S. is always on the lookout for supply and there are other countries taking an interest. It's not as if the Qld. pipeline is the only thing going.
Disclaimer: I now own some CUE shares.
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