You wonder how long the market can ignore the facts you state. It only needs a few investors to take an interest and the shares should move up IMO. Note today sell side looking very thin and taken out up to 7cents. The market seems to have taken no notice of the companies "sustainable growth" policy which appears to be working. NZO had a good history of paying good dividends, so why not CUE? A 5% div would only cost them about $2m if my calculations are correct. It could be part of a sustainable policy and they certainly have enough cash to pay a div .
CUE worth a closer look, page-3
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $69.83M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $107.1K | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 430078 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 506920 | 8 |
View Market Depth
| Last trade - 13.46pm 06/08/2024 (20 minute delay) ? |
| CUE (ASX) Chart |