Picks of the quarter Message Board

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Strategies & Market Trends : Picks of the quarter

ATHR 6.075

-0.1%

Dec 24 11:37 AM EST

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To: tejek who wrote (2788)	3/1/2007 12:06:23 AM
From: Elroy	Read Replies (1) of 20435

It's ticker is STU. Chart moves up progressively to $2 about last March, then back down to 90 cents today. The point is, is a PE of 4x normal for these stocks? And with reserves of $160 million, does a $42 million market cap make sense? I think there are plenty of pdfs on their website. If you just read the most recent one on reserve uplifts it gives the reseverse as ~2.8 million barrels, and if you look at the 6 month report for Dec '06 they had ~$6 million net income. stuartpetroleum.com.au

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