CUE 0.00% 9.7¢ cue energy resources limited

Ann: Quarterly Activities Report, page-11

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  1. 4,810 Posts.
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    They have never promised half yearly dividends only that they would review on a half yearly basis.
    The amount of any dividend will depend on the cash position at review and the forward capital requirements of what they plan to do .
    The 2c dividend was made after a long time of cash build up and is clearly a one off .
    In the near term dividends between 0 and 1c should be possible but long term it depends upon what exploration success they have .
    The sentiment and market activity has been greatly increased since the decision to pay dividends and it seems fair priced to me .
    Unless a compelling asset is acquired unlikely to be any dilutive credit raises either .
 
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