CUE 15.8% 11.0¢ cue energy resources limited

Cue Energy - opportunity to buy, page-32

  1. 5,411 Posts.
    Hi folks,

    Whoa ... slow down ... not so fast ... yes, it looks
    promising, but just to add a little to what anxious has
    said ... sometimes they play word games in these
    announcements, especially if some insiders are trading
    the stock.

    For example, they said that they had a 25-fold increase
    in the background gas ... but they did not say what the
    original figure had been ... if it was only 1 unit, then
    right now they only have about 1/2% gas-in-air ... or
    if the original background reading was 10 units, then
    they would NOW be looking at 5% gas in free air ... and
    so on.

    Recovery of C1-C5 indicates that they have recovered
    all the HC fractions from light gas to light condensate,
    but HOW MUCH cannot be known until they do some
    further logging and testing ... especially testing.

    First DST's, then some more serious testing later and
    maybe more wells to prove up the extent of the field.

    There's a long way to go before they get to the end
    of this well, so there should be some opportunities
    for scalpers along the way ....

    hot trades all

    yogi





 
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Last
11.0¢
Change
0.015(15.8%)
Mkt cap ! $76.85M
Open High Low Value Volume
9.8¢ 11.5¢ 9.8¢ $43.02K 422.6K

Buyers (Bids)

No. Vol. Price($)
1 17051 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 2894 1
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Last trade - 15.59pm 13/09/2024 (20 minute delay) ?
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