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Echelon Nets A$15.7 Million from Cue Share Sale, Eyes Horizon Stake
1:44pm on Friday 26th of June, 2026 AEST
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Energy
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Echelon Nets A$15.7 Million from Cue Share Sale, Eyes Horizon Stake
1:44pm on Friday 26th of June, 2026 AEST
Key Points
Completed sale of 139.9 million Cue shares for A$15.7 million
Proceeds earmarked mainly for debt repayment
Accepted Horizon Oil takeover offer for remaining Cue shares
Expected to hold about 6.7% of Horizon post-takeover
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