CUL 0.00% 1.4¢ cullen resources limited

CUL for brooklands

  1. 404 Posts.
    Hope you get to find this post brooklands. I went fishing at 3pm Perth time. As far as CUL is concerned, I avoid these sort of stocks. Over the years they keep doing placements/issues that continually dilute investors holdings. With 268 million (I think) shares on issue, it takes one heck of a discovery etc to move the price significantly to warrant trading in them. Their next move will probably be a share consolidation! Then it starts all over again. CUL-around too long without etsablishing a solid corporate base-shop elsewhere. You wouldn't happen to be from New Plymouth, NZ by any chance? Brooklands was the suburb I grew up in for the first 10 years of my time on this planet.
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