I am quite skeptical. Recent developments: The Indonesion permit where drilling was imminent over a year ago is on hold, US assets about to be sold (these were just acquired fairly recently), NZ permits to be sold.
One doesn't get the impression that they know what they are doing. NZOG involvement doesn't help (just look at their own (lack of ) accomplishments in the last few years.
My four year old could have run CUE in the last few years, and results would not have been too different (well, admin costs would have been a lot lower)
Seriously, what has been achieved? The cash pile is getting smaller every quarter.
I am quite skeptical. Recent developments: The Indonesion permit...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $76.82M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.8¢ | $546 | 5.074K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 773925 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1007000 | 15 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CUE (ASX) Chart |