ECH is not thinking along the lines of any merger as there is no economic benefit.Lets ssee what ECH offers up for a dividend this time around. So far they have just passed on the CUE dividend.Re the share liquidity. There has been sellers in the market over the last two years. I'm not sure if they are done yet. But you may be surprised if you put up a decent bid quantity.Times are changing as the strategy plays out.it's entirely upto CUE investors if they want to be part of the ECH drill program and the increased assets in the NT.
As an ECH shareholder I can totally understand ECHs position and logic.In the meantime CUE shareholders should continue to do very well with the current cashflow levels from production.
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10.0¢ |
Change
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Mkt cap ! $69.86M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.3¢ | 9.7¢ | $80.76K | 814.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 306547 | 4 |
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| CUE (ASX) Chart |