STU SXY

re: Ann: STU: Change in substantial holding f... Sotirib,90%...

  1. tui
    6,060 Posts.
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    08/04/11
    10:35
    Post #: 8234548
    re: Ann: STU: Change in substantial holding f... Sotirib,
    90% compulsory takeover level almost there. This 'merger' is a very smart move by Senex.
    Not only do we get considerable scale economics but we get further opportunities to source the Cooper.

    But to me the jewel of the purchase will be the 38-60TCF of Shale gas sitting under STU's permits. Am watching BPT/ADE closely as well.
    SXY Price at posting: 37.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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