Australian Financial Review interview of Quest Asset Partners “Quest Asset Partners says top 20 stocks no longer a safe haven for investors”
Woodside have been sent a firm “No” in response to their offer of Woodside scrip for all the issued shares in Oil Search Limited. The 1 for 4 share merger proposal, while at a premium to recent short term pricing metrics, proposed to merge the two companies giving Woodside a growth asset and Oil Search holders paper in a larger and more diverse business.
Action sports retailer Surfstitch (SRF) has now risen more than 150% since added to our Quest portfolio in a pre IPO deal in August 2014. The entry price was $0.67. The company listed in December 2014 at $1.00. Currently the business trades at a robust $1.70.