Hello Jacob 10, The way I see STU is that its commercial future is underwritten by its activities at Port Bonython and, for a limited time, oil from the Cooper Basin.
I have concerns about the impact that the current capital raising will have on share price and expect a substantial retacement that will remain until there are some exiting drilling results, hopefully in 2010.
STU has serious professional management and whist I think we about about to suffer short term pain I am confident in the long term gain.
Of course do your own research.
STU Price at posting:
64.0¢ Sentiment: None Disclosure: Held