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
STU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held