STU 0.00% 94.0¢ stuart petroleum limited

riddle me this, page-2

  1. 145 Posts.
    I too am having difficulty understanding why STU's SP is quite alot less than the 2.5x SXY's. Doesn't make sense to me as the deal seems pretty certain with the 50.1% acceptance condition and a 20% shareholder already accepting. Plus I see upside for STU if someone decides to come over the top (unlikely but its still a posibility)

    Given the above, I've sold my SXY stock at 40c and picked up STU at a healty discount.

    If I'm missing something here, please let me know.
 
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.