STU 0.00% 94.0¢ stuart petroleum limited

up this afternoon, page-4

  1. 5,867 Posts.
    The rotation of the hedge book into put options is top shelf stuff-cheap and you keep the upside.
    15 wells next financial year-looks like we have to be holders for some time to come.

    Level of disclosure is first rate-a good example for its peers to follow!

    See what gives tomorrow on current hole!

    If it performs to the max ,worth around 30 cents to STU-take off ten cents for the market run up in the last week or two ahead of the drilling, should see $1.20 plus if wet wet wet!

    Cheers,TAS
 
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Currently unlisted public company.

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