No completely out now ..should never have purchased as much as I did ..become my largest holding ...then over constant developments last 2-3yrs.... and in speaking with CUE MD .. I just don't see the ROI ... the deep drills had potential ...but now out of the picture ...I don't see CUEs best project Mahato 12.5% less 50% INDO govt royalty .doing all that much for the growth in SP
I personally don't think the bigger end of town Insto/sohps even large retailers will be lining up to soak up many Millions of CUE shares on the factors at play ... NZO 50.1% controlling stake ...OG Energy in no hurry or want to T/O NZO/CUE , No major project interests in the near future to drive much higher market interest....
I wouldn't be surprised 12months from now if CUE isn't still around 6-8c price range still looking for the next project
As you say Mitch If CUE acquire new production opportunities thats a positive .. in talking with Matt he did state how hard it is to find decent lower risk farm-ins projects in the Australasia focus area .. as we know its not going be CUE MD making the decision's ... But NZO/OG on any new projects.. .. O&G at record highs going be tough to get anything cheap
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Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.77M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.7¢ | $10.86K | 111.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2162 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 64604 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2162 | 0.097 |
3 | 163392 | 0.096 |
5 | 265752 | 0.095 |
1 | 10000 | 0.093 |
1 | 9646 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 64604 | 1 |
0.105 | 286999 | 4 |
0.110 | 589880 | 7 |
0.115 | 20781 | 1 |
0.120 | 247429 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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