STU 0.00% 94.0¢ stuart petroleum limited

Ian,What are your thoughts on STU's recent rises. The last few...

  1. 1,987 Posts.
    Ian,

    What are your thoughts on STU's recent rises. The last few weeks has seen a steady climb from low 50's usually only a 1-2c rise per day with the occasional rest day. Today it is up 3c to 65c (having hit 66c earlier in the day).

    Do you think this is simply the market recognising true value or could it have something to do with the gas discovery in PEL103 just 10k south of PEL 90?

    I'm not complaining mind you as I'm sitting on a 25% profit atm.

    Cheers

    Badfish
 
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