STU 0.00% 94.0¢ stuart petroleum limited

I am a holder in stu and will take up as many again in the cap....

  1. 28,128 Posts.
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    I am a holder in stu and will take up as many again in the cap. raising (already sent the bpay).

    If stu comes back a bit, so be it. I suspect the raising might bring stu onto the radar - under which it has been flying undetected for quite a while. It is amazing how many brokers have never looked at it. Such a small company with a pretty big project.
    Stu don't need exciting drill results - the project is already a commercial goer. Oliver 2 will just be more cream - read the numbers.
    It will be possible to lose money on stu - if we have a big market correction where everything goes down and then there is a bid for it - but otherwise I can only see upside for it - that's why I am in hold and accumulate. I also don't know too many small oil companies with a record (including dividend payments) like stu -- if there are some others, can somebody please tell me.
    As to the last cigar comment - you have got a sense of humour.
    Pinto
 
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