I think the market already knows CUE has cash in the bank,no debt,great cash flow and increasing revenue. If it was an industrial share it would be at least 2 times the current s/p with those sort of numbers. Sort of the same situation as HZN and look how quickly that turned around. We have already seen 6 months of silly selling since Ironbark and it must be almost finished by now. IMO there may be one last gasp tax loss selling during June and then a bit of sense might be seen in the s/p.
News: CUE Cue Energy Resources Says WM27 In Mereenie Development Programme Spudded, page-3
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.83M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $3.57K | 35.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 239844 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 165483 | 5 |
View Market Depth
| Last trade - 14.39pm 27/06/2024 (20 minute delay) ? |
| CUE (ASX) Chart |