STU 0.00% 94.0¢ stuart petroleum limited

Ron,Can't say they have had anything other than a chequered past...

  1. 11,543 Posts.
    lightbulb Created with Sketch. 273
    Ron,

    Can't say they have had anything other than a chequered past under Tino, simply never successfully moved on from Worrier.

    I am not sure a 30 mmbo gas stripping exercise has robust economics, hence that low historical transaction value for it prior to STU.

    If STU can (as it appears) offload it for substantially more than they paid for it then, from my recollection, it will perhaps have been the only smart/lucky value adding move of note since spudding Worrier.

    Diesel plant looks like something perhaps better suited to Tino.

    EL
 
watchlist Created with Sketch. Add STU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.