CUE 5.00% 10.5¢ cue energy resources limited

oil now over $usd66 , page-8

  1. 13,988 Posts.
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    A little frustrating in that it is a real test of your confidence in your research when the market appears to be voting more hesitantly.

    My guess is that the lack of updates leaves some with residual worry that maybe more cash is needed. With the poo up, and the data in the last QR I simply find that unlikely - although you never can be sure if the banks start playing games. Not sure they'd want to do that with a Todd connected company though.

    Based on what has happened with other companies raising cash though, if for some reason CUE needed to do a small rts issue I would not be adverse. Don't like discounted placements to outsiders though.

    EL
 
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