Here my view of today's preso
Cue Energy
$12.4 million in cash end June 17
Some 64% owned by two companies. Blocking stakes.
Working in NZ, Indonesia, north west shelf.
Production 1,600 boepd with admin at $2 million per year.
Nice gravity define prospect for gas in Indonesia that was drilled in 1930's.
Step changes prospect,
Ironbark gas a 15TCF prospect, BP has farmed in two parts. 80% northern part and 40% option to the south. To be drilled 2018?
upside is limited by blocking equity stakes so why buy?
Here my view of today's preso Cue Energy $12.4 million in cash...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.82M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $26.67K | 242.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 265179 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1471226 | 10 |
View Market Depth
| Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 11.0¢ | 82127 | ||
| Last updated 14.33pm 03/05/2024 ? | |||||
| CUE (ASX) Chart |