"why should STO be at a turning point??! Is POO magically over $80? has our cost profile reduced? debt relinquished? white elephant filled with gas?"
Are you a pure TA player or you read any financial reports? Yours questions above indicate the former. Some quick data for you:
Costs: breakeven price down from $47 in 2015 to $34 in Q1;
Debt: down from $4.7b in 2015 to $3.1b in Q1
STO does not need $80 poo to make a lot of money anymore. HR will come out soon. Let's wait and see what the earning is. It may report a 20c EPS and additional $150m debt reduction.
Relative Performance, page-8
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Last
$6.83 |
Change
-0.010(0.15%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.92 | $6.81 | $13.90M | 2.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 47312 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 42787 | 15 |
View Market Depth
| Last trade - 11.19am 20/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
