CUE worth a closer look

With the surge in POO interest in the oil/gas sector has returned at last. You would think it would be hard to find a small oil/gas stock with long life proven reserves, good cash flow, f/y 18 profit of $7.7m, no debt and cash of $17m in the bank. Moreover , the company has some great "blue sky" prospects such as Ironbark, Carnarvon Basin and Paus Biru. We are talking about CUE Energy a stock many consider a dog. Why has CUE refused to move up compared to other oil/gas stock?. IMO its because it is an old company loaded up with stale investors who still think of it as a dog. What I think a lot of investors have failed to take note of was the companies plan to become a "sustainable business" This plan now appears to be working. Might be worth checking out but DYOR