CUE 15.8% 11.0¢ cue energy resources limited

It isn't up to CUE to decide as NZO holds majority and they can...

  1. 1,193 Posts.
    lightbulb Created with Sketch. 125
    It isn't up to CUE to decide as NZO holds majority and they can simply change entire board next AGM and then recommend merger on the basis of script so they don't need to spend any cash to purchase.

    NZO I think holds 50% so even off market offer for script will give them another 40%+ to go towards compulsory acquisition.


 
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