CUE and HZN had been tracking almost bang on from July thru to mid September . Since then CUE has been well and truely left behind.
This also applies to is related movement in MEO, but I am less concerned with the gap there as the 2 business are completely Different
Additionally CUE opened at NZ34c at the NZX yesterday.
For me CUE is three stock for the price of one( CUE, HZN & MEO)
Of the 3 stocks CUE has benefited nearly every announcement that has been put up since early September, and yet has fallen behind in SP.
IMO we are due for a correction of around 10-15% which they still lower than the others would see us back at our 12 mth high of 30%
HZN is sitting at around there 12 mth high , and the NZ assets have been driving this ( As well as top 300 status which has drawn more liquidity in the stock)
CUE still seems to be held down by lack of liquidity, maybe with the NZ involement , this may change
Opinion only DYOR
due for a re-rating
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $69.86M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $42.91K | 429.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 664770 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 206451 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CUE (ASX) Chart |