2024 is shaping up as a crunch year for the relationship between minority shareholders and CUE management. At this point minority shareholders really have no reason to complain about what management have achieved to date. Management have turned a "basket case" into a sustainable company with great proven reserves, great cashflow and no debt. Only problem for minority shareholders is that the share price is the same or at lower a price than when the company was a basket case. The next two quarters should see a large build up in CUE cash reserves. Management will need to come up with suggestions as to what they visualize as the future for CUE. Due to the markets negative attitude towards oil/gas companies at the present time , it is clear that the smart money sees the future for oil/gas companies is to merge/TO as a means to become bigger and stronger. This is happening around the world. I agree with your suggestion concerning a merger for NZO/CUE. Blind Freddy could see that this is the way to go IMO.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.32M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $10.02K | 95.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 911739 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 753354 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 911739 | 0.105 |
7 | 280083 | 0.100 |
1 | 10000 | 0.096 |
2 | 150000 | 0.095 |
1 | 32967 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 753354 | 5 |
0.115 | 435879 | 8 |
0.120 | 293614 | 4 |
0.125 | 18610 | 1 |
0.130 | 795000 | 2 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
10.8¢ |
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Change
0.000 ( 2.27 %) |
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Open | High | Low | Volume | ||
10.5¢ | 10.8¢ | 10.5¢ | 214518 | ||
Last updated 14.13pm 07/05/2024 ? |
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