MEO and MOG have almost everything riding on the outcome of Artemis, CUE on the other hand has many other "irons in the fire" so to speak. I looked at getting into CUE for my Artemis exposure along with numerous other targets and producing assets, however, after sitting down and laying out all the options i saw investing through OXXO to be a far better option.
Dollar for dollar i get exposure to over 50% of CUE's 2011 targets plus all of OXX's LT potential. Once the RI is completed for every 5 OXX you hold you basically get 1 CUE share as well (through OXX 43.6mill holding). With CUE currently sitting at 40cents and OXXO 10cents, once i pay the 5cent call i get more than 2.5+ times the amount of OXXO than i could buy of CUE for the same dollar investment(this is what i base getting over 50% exposure dollar for dollar on). Not such a bad option for anyone considering getting exposure to Artemis IMO. With this one though, you get a lot more bang for buck and less downside, thats without considering any other investments etc. etc..
OXX Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held
