CUE 0.00% 10.0¢ cue energy resources limited

cue...chart today, page-4

  1. 118 Posts.
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    re: cue...share issue I have read several posts talking about Cue's share issue and how it would dampen the price. This is irrelevant and misleading. The "issue" was a renounceable rights issue where anyone could have sold their rights or taken them up. The new shares have been trading every day since rights stopped trading (CUENA) and holders could have sold then. Regardless of all of this it was a 1:5 issue and anyone wanting to take profits on CUE could have done so by selling their ordinary shares which would represent 5 times the amount of their "new issue" shares. I hold CUE and am eagerly awaiting drilling results in the next few weeks, it should be interesting!
 
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Mkt cap ! $69.83M
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10.0¢ 10.5¢ 10.0¢ $10.98K 104.8K

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No. Vol. Price($)
11 1484043 10.0¢
 

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Price($) Vol. No.
10.5¢ 163543 2
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
CUE (ASX) Chart
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