STU 0.00% 94.0¢ stuart petroleum limited

waking up to the potential ?, page-6

  1. 2,834 Posts.
    Stuart Petroleum is not going to be taken over.

    The basic reason is a single individual - DB Clarke - owns 26% of the company, and he is very convinced that it is a very valuable company.

    Either you change his mind (and from everything I've heard, think 'cantankerous old rich b*'), or you start with needing to get two thirds of the available 75% of the company.

    Ian Whitchurch
 
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Currently unlisted public company.

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