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19-07-2022, 03:40 PM
#17491
Originally Posted by JBmurc
Well so far so poor on the trading front for NZO on the ASX ,....and CUE really dead next to nil trades last many trading days ... might get some interest on upcoming Qty that should impress with higher cashflows ...
Last year CUE reported 18th of August, and NZO 25th of August so not too far away....
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20-07-2022, 04:27 PM
#17492
Originally Posted by Sideshow Bob
Last year CUE reported 18th of August, and NZO 25th of August so not too far away....
Looking forward to it ... hopefully something to spark some life...
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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27-07-2022, 10:53 AM
#17493
Member
I see Cue reported yesterday.
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27-07-2022, 11:43 AM
#17494
Originally Posted by Onthemoney
I see Cue reported yesterday.
Was their quarterly, not annual result. With revenue up 125% for the year.
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28-07-2022, 09:56 AM
#17495
Originally Posted by Sideshow Bob
Was their quarterly, not annual result. With revenue up 125% for the year.
Yes and SP is much the same as it was 12 months ago .. anybody want 3.7mill CUE shares ???
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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28-07-2022, 10:05 AM
#17496
Originally Posted by JBmurc
Yes and SP is much the same as it was 12 months ago .. anybody want 3.7mill CUE shares ???
All this noise about moving the primary listing to aussie as a solution to NZO's low SP...no change in market value.
As I have pointed out many times before, NZO will never be valued at what you might think it should be because 70% of shares are locked up by OGOG and the stock has no liquidity. Investors are only prepared to pay a 'fair price' if there is liquidity (so they know they can get out fast if they need to).
So even when oil prices go up, you don't see much of a rise (if any) in stock price. Same with gas prices.
If you are a holder of NZO, you have to view it as though you are a minority partner of a private business and ignore the SP. So long as you never plan to sell, perhaps in the future one day you will come good with some dividends. But you have to be happy to ignore the SP, and be satisfied with the decisions OGOG are making on your behalf (and that those decisions are mutually beneficial - not just favourable to OGOG).
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28-07-2022, 11:01 AM
#17497
Originally Posted by mistaTea
All this noise about moving the primary listing to aussie as a solution to NZO's low SP...no change in market value.
As I have pointed out many times before, NZO will never be valued at what you might think it should be because 70% of shares are locked up by OGOG and the stock has no liquidity. Investors are only prepared to pay a 'fair price' if there is liquidity (so they know they can get out fast if they need to).
So even when oil prices go up, you don't see much of a rise (if any) in stock price. Same with gas prices.
If you are a holder of NZO, you have to view it as though you are a minority partner of a private business and ignore the SP. So long as you never plan to sell, perhaps in the future one day you will come good with some dividends. But you have to be happy to ignore the SP, and be satisfied with the decisions OGOG are making on your behalf (and that those decisions are mutually beneficial - not just favourable to OGOG).
I wonder how many NZO S/Hs would now accept a 74c offer for their shares ? I know I'd be stoked to get 10c for my CUE shares and would sign up asap .. like you say the market doesn't want to be invested in pretty much a private company ..
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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28-07-2022, 12:28 PM
#17498
Originally Posted by JBmurc
I wonder how many NZO S/Hs would now accept a 74c offer for their shares ? I know I'd be stoked to get 10c for my CUE shares and would sign up asap .. like you say the market doesn't want to be invested in pretty much a private company ..
Yeah, I'd take 74c......
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28-07-2022, 12:29 PM
#17499
Expect we could see the quarterly cashflow tomorrow.....
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28-07-2022, 12:35 PM
#17500
Originally Posted by Sideshow Bob
Yeah, I'd take 74c......
If Ironbark had been a success and you had taken 74c the tears would still be flowing.
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