i am wondering whether the last few days of large volume, and price increase, could have something to do with Singapore Petroleum?
The purchases today 2.9m, 3.4m yesterday, and 2.4m day before, seems to be a sustained purchase activity.
SPC is at 16.7%
So its over the 15% (?) threshold already.
Usually an o/s investor needs to get FIRB approval to go beyond that level - but maybe SGC already has - because I don't think they need to tell us in advance.
The big leaps in potential value accretion in CUE appear to its WA gas prospects.
Perhaps that may be very attractive to SGC?
Singapore has been identified as a bigger importer of LNG in the next decade or so.
I don't think Todd needs to increase its s/h, because it, and the Board, has already got a vice-like grip on control.
anyway - just a thought.
cheers
- Forums
- ASX - By Stock
- singapore petroleum
i am wondering whether the last few days of large volume, and...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUE (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.008(8.25%) |
Mkt cap ! $67.77M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $10.50K | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40722 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 306998 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40722 | 0.099 |
1 | 25000 | 0.098 |
1 | 30000 | 0.097 |
3 | 163227 | 0.096 |
5 | 273379 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 306998 | 5 |
0.110 | 575136 | 7 |
0.115 | 747781 | 2 |
0.120 | 47429 | 1 |
0.125 | 5378 | 1 |
Last trade - 10.02am 10/10/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online