I agree that very little Artemis is left in this sp
The market just isn't doing it's job on this one yet - but fundamentals don't change - sometimes they just take an obvious 5b to figure it out.
One thing I differ on is -
Actual farm in announcement will probably have little effect on CUE SP
The market has removed the value of the JV partner completely from MEO's price.
If the name is good and the terms favourable - the response will follow.
Obviously history suggests CUE's response will be softer - BUT - nonetheless I believe CUE's sp will be effected as well.
The big issue I agree with is -
Drilling pushed out to Oct 2010
This date is very disappointing.
looks like sp drivers are returning to normal , page-2
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $8.603K | 79.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 177731 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 759708 | 14 |
View Market Depth
| Last trade - 15.45pm 10/07/2024 (20 minute delay) ? |
| CUE (ASX) Chart |