AUSTRALIA

Thanks but no thanks

AN EXCHANGE of rather polite correspondence between Cue Energy and freshly minted shareholder Zeta Energy has been released to the market, detailing the latter's intention to nominate two candidates for election to Cue's board.

Andrew Snelling

The private oil and gas investment company took up an approximate 9% interest in Cue about two weeks ago. Zeta subsequently sent a letter to the company informing it that as "neither of the two largest...

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