CUE
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0.00% 9.9¢ cue energy resources limited

Ann: Quarterly Report for Period Ended 30 June 20, page-13

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  1. Johnnyd9
    6,029 Posts.
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    30/10/09
    19:27
    Post #: 5856743
    re: Ann: Quarterly Report for Period Ended 30... Love

    I have to appologise

    A comment you placed earlier about market cap got me thinking

    Cash from activities $4.9 mil , with more income to come online

    Assuming flat net result of $20 mil

    You had $36, I would like to take some out for Write downs etc

    $20 mil * earning multiple of 15 ( COnservative) sees market cap of $300 mil


    Divide into 700 mil odd shares .42 c per share

    Food for thought

    Opinion only DYOR
    CUE Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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