CUE 0.00% 10.5¢ cue energy resources limited

>>> impossibly cheap versus resources, page-5

  1. 3,353 Posts.
    re: >>> impossibly cheap !~ a reminder Yes mangrove, that is the punt we are taking. it is quite a risky one, hence 4.3 cents price.

    if they get away with no capital raising or only a minor one, well share price will rise significantly. I think they should consider a JV with someone. A 50/50 would mean only half of the earnings, but with no cash to put in and therefore no dilution of their equity base, well that would be the news we are looking for.
 
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