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Re: [sharechat] STU-in play

From:	Brian Gale <brigale@i4free.co.nz>
Date:	Thu, 17 Aug 2000 11:57:23 +1200


Agreed Chris, well worth looking at. Could be something new pending.

BG (have STU)


At 09:59 17-08-00 +1200, you wrote:

>Steel & Tube has risen 25% in the last month.  BHP's controlling interest
>has long been watched for outright sale or total control.  Check this
>from today's SMH.
>
>*The company later said it would spin off its $1.9 billion long products
>business and close or sell other non-core assets*
>
>
>Come Monday 21st they go ex a 7c div(full imp), a total of 13c for the
>year so watch for opportunities today and Fri.  Current broker valuations
>for STU are over $2 with ABN AMRO at $2.48.
>
>You be the judge.
>
>Ragards
>Chris
>
>
>


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References

[sharechat] STU-in play Chris

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