Wonder if Todd Oil and Utilico are planning to wrap all this into one big holding company. They certainly aren't buying these large chunks in NZO, Cue, PPP as long term passive investors. Note also that the $27m is due for repayment a year hence, so watch for developments in the near term. Also noticeable that largish parcels of PPP have been crossing at improved prices suggesting this might be the better entry for any future play. Somebody knows something but we amateurs can only surmise.
CUE Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
ZER Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held
