Excellent analysis tt and I’m with you mate, but if Harbour really want to apply pressure on STO wouldn’t a takeover of SXY (at a premium) squeeze the STO supply chain somewhat?
I wouldn’t be surprised if Harbour made a 0.70-0.75 offer on SXY to try and leverage STO, or are we just small fish in the STO supply?
They may go after a number of the smaller players and surround STO’s supply business.
Thoughts?
SXY Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
