CUE is showing signs of life...recovery in last 4 weeks from low of 12.5 cents to current 16 cents (28% gain). Still well under water but helping ease the pain from a bath in MEO. Need to kick on and get some news and more traction.
Gaz
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CUE is showing signs of life...recovery in last 4 weeks from low of 12.5 cents to current 16 cents (28% gain). Still well under water but helping ease the pain from a bath in MEO. Need to kick on and get some news and more traction.
Gaz
An announcement out RE: Farmout late in the day.
For me, it was TA and volume accumulation. I got a few at 14 a few days ago and 14.5 a day later. Reading the presentation also tells me CUE was pretty much undervalued with $38 mil cash in their latest presentation and a few execs buying.
I don't think the announcement matters. Maybe traders switching from MEO to CUE.
I do find it somewhat amusing ....in previous stock picking comps (both AU and NZ) Cue featured fairly frequently....now virtually nix...it is acknowledged that two significant management departures in recent times are of concern...but am i correct in thinking there have been no substantial changes in shareholdings....and am i correct in stating that the trading volumes have been fairly low...
...yes it may appear that this post is a feeble attempt to ramp...apologies...
....hold 131000.....cheers troy
I am with you troy. I have dig myself pretty deep with CUE. Just the fact 2 major shareholder have significant stake in them, cash, and no debt. Just got into them recently. Also have put my hand up on TAP.
The downfall on ROC and HZN is no suprise. Just waiting for the money to get into CUE and TAP.
We have no wisdom when or if the cue will arrive . Now , the whole ASX is pure crap on the patch . A big analyst who suports CUE , is forcasting a crap out on the markets Q1 2013 , then good buying for the solid bargain stocks . Is this way it is going to be ? Every which way , The cue will be in the fullness of the time appropriate .
Hold 500,000 CUE , and will stay forever ! The market will sort itself , and always comes around . For now .... zzzzz !
I also hold Cue and my take is that Cue,s is suffering from its duster drills. The market does not like that and always puts the stock well down when that happenes.Down a bit too far but that is the market and is what make this investing interesting. Only God knows what next year my bring and it will surely have nothing to do with compition picks.