re: 12 month high - any chartist view?
I think it's pretty exciting from a T/A perspective.
STU closed at an all time high - - very significant -- and it broke either a cup and handle pattern or ascending triangle pattern, depending on how you see things.
And the price of oil in aussie terms at the moment is $90 a barrel! And Stu only has a tiny number of barrels hedged now so that's good news.
And it's got an exciting drilling programme coming up.
Cheers Anne
STU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held