CUE-> Pantheon of small oil stocks

[geezy]

cue showing very strong signs of buying

[shawsie]

last fridays afternoon frenzy, SP around 22 to 26 and back to 23.5, yesterday I noticed this ASX posting on directors share acquisitions,

http://asx.com.au/asx/statistics/ann...ame=D&period=W

11/08/2009 Appendix 3Y, Change of Director`s Interest Notice 9 PDF -

page 9 E Albers acquiring 8.9 m shares , further down page - on market trade.

As volume by day in the week was (in millions 4,1,1,1,7)

is management creating their own good news?

[macduffy]

last fridays afternoon frenzy, SP around 22 to 26 and back to 23.5, yesterday I noticed this ASX posting on directors share acquisitions,

http://asx.com.au/asx/statistics/ann...ame=D&period=W

11/08/2009 Appendix 3Y, Change of Director`s Interest Notice 9 PDF -

page 9 E Albers acquiring 8.9 m shares , further down page - on market trade.

As volume by day in the week was (in millions 4,1,1,1,7)

is management creating their own good news?

Well, it would be highly unusual for directors to be buying if they didn't think that the shares were good value at the current price. Informed buying by those closest to a company is ususally a pretty good indicator of pending good news.

[trackers]

last fridays afternoon frenzy, SP around 22 to 26 and back to 23.5, yesterday I noticed this ASX posting on directors share acquisitions,

http://asx.com.au/asx/statistics/ann...ame=D&period=W

11/08/2009 Appendix 3Y, Change of Director`s Interest Notice 9 PDF -

page 9 E Albers acquiring 8.9 m shares , further down page - on market trade.

As volume by day in the week was (in millions 4,1,1,1,7)

is management creating their own good news?

Spinning director's buying into their own company as bad news? Thats a new one!! :o

These trades would also be part of their remuneration package (remuneration taken in shares rather than cash)

[upside_umop]

You'll notice the different prices at which these went through.

35,267@AUD0.235 cents each.
8,942,354@AUD0.15 cents each.

The on market trade at 23.5 cents was as Trackers said, 'Director Share Savings Plan.'

The big amount purchased at 15 cents was the exercise of entitlement, a few weeks ago.

So nothing abnormal here.

Albers (the founder of CUE) now owns 57,581,945 shares in CUE.

[upside_umop]

Phaedrus, would you be kind enough to update us with a chart.

Indicators may look significantly different now that there has been some 'big' volume through and not just us small players.

[shawsie]

would you consider last fridays activity abnormal?

nothing keeps the handbrake on the SP like a SPP or equivalent, and not surprising to see 20s once it washed through, esp given the good news,

but someone (or someone plus a lot of lemmings) hit the accelerator friday avo, seemingly specific to cue, not generic to energy.

consider context of low sp, last friday was equivalent of a NZO buyer taking SP from 160 to 190 in 2 hours. yes cue is more speculative, but im not comparing apples and elephants.

possible connection to capital raising?

disc cue21.5

[da puntzda]

any thoughts as to whats up with the some punter buying 1575 shares exactly every 5 minutes for the last hour.

Last time I saw something like this it was NOG buying PPP.

More abnormal activity eh Shawsie

disc holder

[da puntzda]

Any thoughts as to why some punter would be buying 1,575 shares exactly every 5 minutes for the last hour or so. A bit more abnormal behaviour eh Shawsie.

Last time I saw activity like this it was NOG having a raid on PPP.

disc holder

[trackers]

Any thoughts as to why some punter would be buying 1,575 shares exactly every 5 minutes for the last hour or so. A bit more abnormal behaviour eh Shawsie.

Last time I saw activity like this it was NOG having a raid on PPP.

disc holder

I believe that will be a bot - some sort of automated system of trading.

Could be wrong though