STU 0.00% 94.0¢ stuart petroleum limited

Tastarga,My logic is that bath STU and COE are substantially...

  1. 2,834 Posts.
    Tastarga,

    My logic is that bath STU and COE are substantially undervalued, and will both ease up to close to their old highs of 30c/70c before short-term players take the money and run.

    They both got the good news of Worrior@1600 bopd.

    COE has the jet pump news.

    They both will have very nice quarterlies.

    Therefore, they both bump up.

    Now, if I buy more STU, I make circa 30% if they go to 80 cents or so.

    If COE goes up 25% to 30 cents, then my COEO go to circa 10 cents, representing a greater gain.

    But they are both great stocks with very little downside.

    Ian Whitchurch
 
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.