CUE cue energy resources limited

I note that NZOG has flogged-off their stake in Kupe for NZD...

  1. 2,183 Posts.
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    I note that NZOG has flogged-off their stake in Kupe for NZD 168m, which gives them a cash balance of ~NZD 260m. They've indicated an intention to return NZD 100m to shareholders of NZOG. This leave NZD 160m in the bank at NZOG, which is a nice position to be in. Don't see any large investments in exploration there but the formula employed at NZOG could be leveraged on CUE, which may not be a bad thing. All depends on how greedy NZOG are; do they want the whole pie or will all shareholders be brought along for the ride? Time will tell...
 
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(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $76.97M
Open High Low Value Volume
11.5¢ 11.5¢ 11.0¢ $11.74K 103.0K

Buyers (Bids)

No. Vol. Price($)
18 645134 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 188639 2
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Last trade - 15.54pm 12/09/2025 (20 minute delay) ?
CUE (ASX) Chart
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