CUE 2.13% 12.0¢ cue energy resources limited

cue miscalculations

  1. 214 Posts.
    lightbulb Created with Sketch. 30
    See lots of inaccuracies on the subject of Cue.
    1 Albers buying and selling mostly from one beneficial name to another. Tax advantages I presume.
    2 Directors not buying themseves exactly. They are paid fees each quarter via CUE shares bought on market on their behalf by broker. They have no say on price or day of purchase except within prearranged limits.
    3 They don't have anything like oil resources of Hardman, though I agree their prospects are excellent.
    4 Do a DCF valuation and you will get nothing like 40cps, althogh much better value than current price.
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12.5¢ 309030 3
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