re:is wgr building a position in cue? Firstly I have no inside information or any other whatsoever . I have guessed .
WGR is a trader ,and likes shares with a Net Tangible asset position higher than the share price on a NPV basis with say a 10 % discount factor. They seem to also like good management or lucky , or management who were in the right place at the correct times.They have cashed in their chips on VOY and ARQ and have plenty of cash and could be looking for a target for another 'feed'.
So Cue comes to mind as I have noticed posters other than me think CUE is stuffed full of undervalued asssets.Some say assets in Indonesia and in PNG are not thought much of . That is Rubbish in my opinion . ue is also in bed with an 'Elephant' Santos and they need to increase their income and asssets . Cue also has some clever larger investors , Mr Tweedie of New Zealand fame and Mr Albers who is very brilliant.
So That is my guess . The 'Elephant' could roll over and take them over as and when a sensible price could be negotiated to have the necessary acceptances and that may be at a far greater price than the price at present.
I do stick my neck out aalthough I am wrong so many times but it can be interesting to read the replies .
Do not forget that everyone should consult their own professional investor as I am not advising any one.
Best wishes
B2
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.36M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $9.25K | 90.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 219063 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 150988 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 219063 | 0.100 |
3 | 190000 | 0.099 |
5 | 247863 | 0.098 |
2 | 82527 | 0.097 |
3 | 209646 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 150988 | 3 |
0.110 | 769117 | 7 |
0.115 | 50000 | 1 |
0.120 | 53429 | 2 |
0.000 | 0 | 0 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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