CUE 0.00% 13.0¢ cue energy resources limited

Ann: ADDRESS: CUE: Chairman's Address and Com, page-14

  1. 4,510 Posts.
    re: Ann: ADDRESS: CUE: Chairman's Address... "I just can't understand how Todd's put up with it"

    They couldn't care less about the share price. That is patently obvious.

    Cue is Todd's plaything and they do the riskier edgier stuff that Todd won't do on its own. Sometimes they partner with Todd in licences as well.

    If Todd were worried about the share price, they would have mopped up the company long ago. A bid right now at 20 cents and it would fall into their laps, but why would they bother.

    The only thing that is going to drive Cue share price along is either a major discovery of some sort, or the surplus cash gets reinvested into an onmarket buyback and I just can't see the latter happening (even though the directors are telling us how significantly undervalued the company is).
 
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