looks like sp drivers are returning to normal , page-5

"One thing I differ on is -
Actual farm in announcement will probably have little effect on CUE SP"

as a starter,
The theory that markets are efficient is clearly wrong IMO,
markets have proven to be inefficient (not incorporating all information into the market value)... this is clear through the share market crash, when stocks tanked and pulled back rather quickly..
I saw it as share markets in depression, real economy as recession...

The point I wanted to make about the statement at the top, is
CUE's share price should remain indifferent from a MEO farm in deal or not, as CUE get the same outcome regardless...
and that outcome is a 15% free carry on Artemis no matter what MEOs side deal is...
but as Markets are inefficient, then investors will more than likely spill into and out of CUE on news from MEO even though the new information changes nothing for CUE...

SO,
even though CUE remains indifferent to a MEO deal, that CUE will likely continue to remain correlated to MEO on the upside, with CUE having downside support from 12 mill cashflow positive per quarter and near 50 million 2P BOE in the bank with reserves across South East Asia... downside looks limited... short term anything is possible, who knows... longer term winner here...
worth 40-45c right now
bye for now..


.^sc