I have no concerns about the CUE shares OXX plans to release into the market. A large percentage of them will go to Geoff Albers and that guy is a good business man and switched on, he is giving himself a large piece of CUE for a very good reason. Its unlikely Albers will sell his CUE shares on market so I doubt there will be a great impact.
If some of the smaller investors sell on market good luck to them but i expect they will be quickly absorbed. However, i expect many smaller OXX investors can see that CUE has plenty more in the tank this year and will hold.
Big year ahead, just got to sit tight and let the planned activities unfold and watch the company build momentum.
JW
I have no concerns about the CUE shares OXX plans to release...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $762 | 7.618K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 232237 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 155266 | 4 |
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| Last trade - 15.39pm 28/06/2024 (20 minute delay) ? |
| CUE (ASX) Chart |