STU 0.00% 94.0¢ stuart petroleum limited

Stuart's current weakeness is just people taking profits in...

  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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