CUE 2.00% 9.8¢ cue energy resources limited

"Is there any broker covering CUE at present?" I'm told Peter...

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    "Is there any broker covering CUE at present?"

    I'm told Peter Strachan from Stockanalysis is bullish on CUE. Its subscription only though.

    CUE's website has a broker rpt on it dated Aug 2012.
    The valuation/modelling is quite reasonable, just need to adjust a few inputs for current cash/reserves.

    http://research.octaphillip.com/file.ashx?linkID=4D00F1A5-A96A-457D-951A-B08AD829D565

    Horizon Oil's website has loads of broker rpts on it that value HZN's 10% share of Maari/Manaia.
    Just divide by 2 for CUE's 5% share.

    Apart from that, I note the usual suspects like Hartleys, Pattersons, Euroz etc dont cover CUE. Maybe they reckon there's no money in it for them since CUE don't need to raise capital.

    As for low volume, that should improve with newsflow. 9 wells over the next ~12 months.
 
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