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Why Horizon Oil’s 10% Premium Bid Could Reshape Cue Energy’s Future
9:04am on Monday 2nd of March, 2026 AEDT
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Energy
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Why Horizon Oil’s 10% Premium Bid Could Reshape Cue Energy’s Future
9:04am on Monday 2nd of March, 2026 AEDT
Key Points
Off-market takeover offer valuing Cue shares at A$0.143 each
Offer includes A$0.008 cash plus 0.5625 Horizon shares per Cue share
Horizon holds a 19.99% pre-bid stake in Cue via agreement with largest shareholder
Potential annual synergies of approximately A$2 million from combined operations
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