STU 0.00% 94.0¢ stuart petroleum limited

theories on current weakness, page-4

  1. 2,834 Posts.
    Stuart's current weakeness is just people taking profits in advance of Kiwi.

    With Beach putting together a war chest of $30 million, I am expecting a much stronger publicity campaign from Stuart.

    This may include certain non-traditional publicity avenues ...

    But the bottom line is, right now, they aint takeover proof. With a share price of a buck, plus DB Clark's holding, they get to be pretty much takeover proof.

    Thus, the Stuart management teams' job is to get the share price up. Even more than usual *grin*

    Now, I'm a Stuart believer, and have been for a long time, and the only reason I'm not buying at 67 cents is I'm already fully committed in STUs and COEOs.

    Ian
 
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