STU - Steel & Tube Holdings

[Balance]

Sort of a hint they are out looking for other suitors

http://nzx-prod-s7fsd7f98s.s3-websit...082/288335.pdf

Enough hints in there for either FBU to up the offer price or for another suitor to approach the Board with a better offer.

Meanwhile, company is making progress and resumption of dividends next year.

What is there not to like about STU?

[winner69]

Enough hints in there for either FBU to up the offer price or for another suitor to approach the Board with a better offer.

Meanwhile, company is making progress and resumption of dividends next year.

What is there not to like about STU?

Does make you think that the Board see’s the path to delivering ‘best value to shareholders’ is to sell the company

That alone is reason to hold in the meantime .......if that process drags out to next year time to move on. Would be a brave person to rely on STU delivering those touted bug profits