caution rqrd. - another share placement necessary! Caution required here guys, CUE is up for 28.5 million for Jeruk re-entry thus far, with cash in the bank of only 21.8 million following on from last share placement 60M @ .30c. I hold, and like the rest, I'm reasonably happy that they are re-entering in participation, but we all knew it was going to cost, and it is going to be expensive stuff, and ongoing, for a fair period before revenues come in. Leaves only one solution, and that will mean dilution, rerating etc. Smart money bailed out at close last night and you've got to take that into account in my opinion. Further discussions and opinions invited.
wrxsti
great annuncement!, page-2
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $69.83M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $5.681K | 56.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 250818 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 179772 | 5 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CUE (ASX) Chart |