CUE 0.00% 10.5¢ cue energy resources limited

Another strong result from CUE. If they where an industrial...

  1. 1,084 Posts.
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    Another strong result from CUE. If they where an industrial share with these kind of results the s/p would be at least double current price.The next quarter should be even better if the current move up in the oil price holds. BA001 if it comes in could produce a real left wing surprise . What is interesting in the last two announcements appears to be a renewed mention of shareholders interests such as "supportive shareholders" and "strong cash flow generation to maximise returns to shareholders". This renewed interest may well be due to the hard work by Mitchdon in bringing management up to date on the concerns of shareholders. IMO the next move may be to pay off more debt and then move towards a small dividend.
 
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Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
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