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Share Name | Share Symbol | Market | Stock Type |
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Cue Energy | CUE | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.175 | 0.175 |
Top Posts |
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Posted at 09/5/2008 16:41 by jonwig I know the financial position of CUE at float, but don't know the financial position of CUE + Oreion.Since the acquisition was all shares, it's something we ought to know. Like how much cash they have, burned at what rate. Can anyone point me to the complete balance sheet? |
Posted at 01/5/2008 21:05 by run rabbit CUE Energy has just purchased Oreion Australia a leading company in the next generation of fuel cells and fuel cell testing technology. |
Posted at 25/2/2008 17:34 by chopsy I don't suppose this has anything to do with Cue Energy Resources Ltd (ASX:CUE), has it? |
Posted at 27/11/2007 11:33 by vik422 nybody know what happening with cue in terms of reverse takeover ? |
Posted at 28/9/2007 16:35 by superdonkey Life in this old dog yet?Cue Energy suspends shares; in talks to buy Oreion for possible reverse takeover LONDON (Thomson Financial) - Cue Energy PLC said its shares have been temporarily suspended at its request, while it is in talks regarding the acquisition of Oreion Australia Energy Pty Ltd, which, if completed, will be a reverse takeover. The company said it has entered into an agreement with Oreion to provide funding for the commercialisation of an advanced micro fuel cell technology developed by CSIRO, the Australian government's leading technology research organisation. Cue said it has produced a business plan for the development of this fuel cell technology, which its directors believe has the potential to provide an alternative to lithium-ion batteries for portable electronic devices, such as mobile phones and laptop computers. Cue said it will second from CSIRO its highly experienced technical team to continue the technology development and will continue to have access to CSIRO's extensive facilities, specialised equipment and expertise. Cue said it is in ongoing talks, and plans to raise financing through an equity issue in excess of the current market capitalisation of the company. |
Posted at 03/1/2007 09:17 by din007 Cue Energy Loan FacilityRNS Number:8917O 03 January 2007 Facility Agreement - GTL Corporation Pty Ltd The Board of Cue Energy plc announces that on 2 January 2007 they entered into a facility agreement with GTL Corporation Pty Ltd ("GTL") to provide funding for the evaluation and exploitation of Polymer Electrolyte Membrane (PEM) Technology for fuel cells and electrolysers, as contemplated under GTL's commercialisation agreement with the Commonwealth Scientific and Industrial Research Organisation of Australia ("CSIRO"). Under the terms of the facility agreement, funds provided will be used to advance PEM Technology, file patent applications to protect the intellectual property and commence the commercialisation planning of various applications. The Company has agreed to provide a short term drawdown facility to GTL in #50,000 tranches of up to #500,000, bearing interest of 9% accrued daily. The facility agreement also provides for the conversion of the total balance outstanding under the facility, into equity in GTL at a rate of 1% for each #50,000 of the outstanding balance. |
Posted at 01/11/2006 19:33 by din007 Holding(s) in CompanyRNS Number:4008L Cue Energy Plc 01 November 2006 Cue Energy plc ('Cue' or the 'Company'), announces that it has today received notification from UBS AG that pursuant to Section 198 of the Companies Act 1985 at close of business on 29th September 2006, UBS AG had an interest in 13,500,000 ordinary shares of Cue representing 5.86% of the issued share capital. UBS AG is not interested in any of the shares by virtue of Section 208 (5) of the Companies Act. |
Posted at 03/8/2006 08:19 by superdonkey Admission to AIMRNS Number:1568H Cue Energy Plc 03 August 2006 Cue Energy plc 3 August 2006 Placing and Admission to AIM Cue Energy plc ('Cue' or the 'Company'), announces that, with effect from 08.00am today (3 August 2006), its existing ordinary shares of 0.07p each ('Ordinary Shares') and new ordinary shares ('Placing Shares') issued pursuant to a successful placing, have been admitted to AIM. Ruegg & Co Limited is acting as the nominated adviser and Hichens, Harrison & Co. plc as broker to the Company. Cue has been established for the purpose of making investments in the energy sector, which may include exploration, development or production projects in oil and gas, coal, uranium and renewable energy. Cue will primarily focus on investment and acquisition opportunities in Southern Africa, the former Soviet Union and South East Asia. Cue's interest in a proposed investment may range from a minority position to 100 per cent. ownership. The proposed investments may be a direct interest in an energy project or an indirect interest through partnerships, joint ventures or either quoted or unquoted companies. It is intended that Cue will make investments which are in the development and/ or production stages, however the Directors may decide that the Company should invest in early stage exploration assets where some exploration or development expenditure has already been made. The Directors intend to actively monitor any investments and/or acquisitions made by the Company. Key Statistics Placing Price 2p Number of Placing Shares 150,000,000 Number of Ordinary Shares in issue immediately following the Placing 230,207,901 Market Capitalisation of the Company at the Placing Price on Admission #4,604,158 Percentage of the issued share capital represented by the Placing Shares 65.16% Gross proceeds of the Placing #3,000,000 Estimated net proceeds of the Placing #2,800,000 Ends For further information, please contact: Hichens, Harrison & Co. plc 020 7382 4451 Adam Wilson Ruegg & Co Limited 020 7584 3663 Gavin Burnell Brett Miller |
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