I don't have a SP target on CUE till more in known in INDO assets ..
this latest development is moving cash from the balance sheet to S/Hs pockets great for sentiment everyone loves a payment into your account ..but it also means CUE has less cash backing, not a stress if present operations don't need major CAPEX in the near term ..
what is CUE's plan going forward run down INDO assets ..take on debt to fund Paus Biru ?
the big elephant still in the room is NZO 50.1% controlling stake ..will always limit upside to real high value to assets high P/E..
I don't have a SP target on CUE till more in known in INDO...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $69.86M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $12.24K | 116.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116069 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 201152 | 2 |
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| Last trade - 15.11pm 01/11/2024 (20 minute delay) ? |
| CUE (ASX) Chart |