CUF 12.5% 0.9¢ cufe ltd

Ann: Quarterly Activities and Cashflow Report, page-69

  1. 1,776 Posts.
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    All this conjecture about a takeover, by a large enterprise like BHP or RIO,
    is wishful thinking. They have bigger fish to fry, than CUFE.

    As a shareholder, I take an interest in comments made on this forum, and,
    closely watch trading. Someone very clever, has placed buy and sell orders,
    to bring the share price down, after CR at 1.6.

    Market depth has shown anywhere from 13-15 buy orders lower than current
    ask price. So, 2 sellers at 0.9, bids at 0.8. Look at recent trades.

    The management of CUFE, are going about the business of building a company,
    that will return value to shareholders, unlike the other cowboys on the ASX.

    IMO, the venture for Nb in West Arunta, is a waste of time and money.
    Hope to be proven wrong. CUFENB?

    As a consequence, CR allowed for "players", to have more shares to play with.
    Cu=Copper, Fe= Iron ore= CUFE. Let's stick with that.

    Tennant Creek is looking okay, and with a well managed investment there,
    risk reduced to a future development. And there is more. DYOR.

    As for a BHP, RIO takeover, look local. Top 20 has Gold Valley, and
    susiduaries with a substantial holding, ready to sell at a profit.

    So, I used to hold shares in an Australian company, Fe miner that pays
    dividends. Resource running out, $425M in cash, and in WA. DYOR
 
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Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $12.03M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $22.92K 2.721M

Buyers (Bids)

No. Vol. Price($)
10 9209085 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1036642 5
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Last trade - 15.18pm 09/08/2024 (20 minute delay) ?
CUF (ASX) Chart
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