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
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $73.32M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $8.603K | 79.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 177731 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 759708 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 177731 | 0.105 |
11 | 781953 | 0.100 |
1 | 2 | 0.098 |
1 | 103000 | 0.097 |
1 | 18000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 759708 | 14 |
0.115 | 300000 | 2 |
0.120 | 440500 | 4 |
0.125 | 344281 | 2 |
0.130 | 350000 | 1 |
Last trade - 15.45pm 10/07/2024 (20 minute delay) ? |
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CUE (ASX) Chart |
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