Repy to Member Brunette-two
STU would be my choice. Share price has already moved, found oil and further drilling scheduled, chart looks OK.
Two months back I was given a tip that this share will touch a dollar by year end. At the time, the price was 0.56c. As I have been burnt several times by these "tips", I did not buy any shares. Last week, I bought a small parcel at 0.58c ie., after oil find was confirmed. STU finds support at ~0.58c currently. In future, if the chart reconfirms the optimism, then I will increase my holdings during any dips. If the share will move, then buying at a few cents higher is not an issue.
Although BPT also has an interest in the oil find, I am not so sure of their management.
Please do your own research before buying. My holding is only 2% of my portfolio and I may go up to 4% at the most. So far no institutional buying seems to take place which is also something to look for.
Another share I suggest is GAP - dividend paying and now showing signs os moving. I have a few GAP as well (4.5% of portfolio).
Good Luck !
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