There is only one reason for the weakness in the share price
Pre dry well at Artemis - the share price was 40 cents
Post dry well at Artemis - the share price was below 30 cents
There was hope that the share price would rise after the more than 30 percent fall in the value before the end of the financial year. Yes it did get to 37 cents and since then has slowly drifted back to the price of today
I am sure lots of people are taking the opportunity now of creating a tax loss by selling CUE shares before the end of the tax year
There is no doubt in my mind, as soon as the new financial year begins, the share price will rise
BTW for every seller there is a buyer. Those that are buying in now, would see a significant appreciation in a few weeks
The above statements are only my opinion and should not be construed as financial advice
CUE Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held
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