Given that CUE has been trading around 6c on low or zero volume until quite recently and has jumped ~ 40% in price and volumes up to 600 700 and nearly 900 thousand then the market appears to strongly agree with you, that is there is T/O speculation, at least if not actually underway. I have thought so for some time now. I am with antman, I wouldnt sell @15c. What attracted me to CUE is the high probability of success for an absolute motza in the success event. Unlike Antman I wouldnt unload a % 2 minutes before spud as my costs are 7c and I believe they will hold at that even in a dry well scenario, given their other producing assets and where else are you going to get a 25% chance of a motza: not lotto to be sure. 88E have bounced back to their pre drill price and I figured they were a 1 horse wonder!.
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CUE
cue energy resources limited
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4.26%
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12.3¢

TO of CUE imminent OGOG moves to acquire 100% of NZOG, page-7
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Last
12.3¢ |
Change
0.005(4.26%) |
Mkt cap ! $85.63M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.5¢ | $19.06K | 161.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 195083 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 913124 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 195083 | 0.120 |
11 | 1272002 | 0.115 |
8 | 287884 | 0.110 |
3 | 605952 | 0.105 |
12 | 193520 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 913124 | 8 |
0.130 | 430402 | 10 |
0.135 | 200000 | 1 |
0.140 | 40277 | 1 |
0.150 | 200000 | 1 |
Last trade - 12.58pm 21/07/2025 (20 minute delay) ? |
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CUE (ASX) Chart |