CUF 0.00% 0.7¢ cufe ltd

Yes, it weighs on the sp but CUF has not stopped producing (as...

  1. 8,751 Posts.
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    Yes, it weighs on the sp but CUF has not stopped producing (as it has done previously - though at softer I/O prices) and still is hedged for a large amount of tonnage. SUM is no producer and since a $2mill cr at 18.5c it's sp has climbed substantially. Yet CUF sp is stuck in a rut after a smallish $3mill cr despite holding over $5mill in cash pre cr and despite assuming a good Q forthcoming. Hard to understand market dynamics that seem to lack logic. Tax time selling doesn't help.
 
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