I think this is great news, it shows a bigger player sees value in what CUE have. CUE has been unloved for sometime now and I see this as a sign of confidence.
Based on the above, I am also glad FredJK was not invovled in any financial analysis that NZO did prior to the purchase.
NZO takes 19.9% stake, page-11
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Last
9.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.04M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.6¢ | $2.033K | 20.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21921 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 377195 | 4 |
View Market Depth
| Last trade - 10.24am 22/08/2024 (20 minute delay) ? |
| CUE (ASX) Chart |