That was a big loss for you.
How have you made it back so quick?
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Go well guys....I'm now a grandfather...cheers.
smart trading ...fish .... LOL .... sadly I might have jumped the gun as some of my runners today closed lower ....
from my number I took around a $30k loss on my CUE holdings ...(was selling since JULY)
from CUE funds re-invested ..I some quick trades in the likes of CNJO 3.3c sold 3.8c-3.9c.. made $$4.5k ....trade amount of MAY 9.5c sold 12.5c made over 15k...
purchased some AHQ 11c (touched 12c today but did close back down 11c)
...I did also buy a good chunk of BSE 34c ... thats paying a 3c divi ex date soon,,,sadly closed down 1.5c but was holding purchase price when I posted,,, had some small positive trades in CPN / TGP ... purely as shares ran away from my position build so sold and took the money rather than hold small position
So still some way to got to make back 30k loss but think the companies I've shifted into can do it much sooner than CUE
Dividend certainly done (much needed) wonders to the share price - From about mid 6c' last week to 11c today.
I still think it's undervalued if they are going to pay this as a special div and then half yearly on a regular basis. It has taken a long time to get to an earning and paying basis after the loss of Ironbark. I hope to see more. If you bought at 6 cents you could see more than half of that back in 12 months.
Im hopeless with numbers...with this div...what is the yield % .