STO 1.16% $6.84 santos limited

Will Santos ever recover?, page-522

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  1. BLJ
    276 Posts.
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    I agree with all your comments, if you go back a bit further this was the biggest dog on the ASX.  Emotions were running very high on Hotcopper.  The moderators were earning their money back then dealing with abusive posts. Even I put a few on ignore. It's obvious the ship has finally turned and I have been on STO for a while now (back in the $2's......but mind you my average price is about three times that)

    BUT, the so called experts missed their targets by about 20% on the underlying profit. A significant amount these days when we are approaching $1bn dollars underlying profit.  That free cash figure was a surprise to the upside and along with that, the excellent dividend in US$.

    From my limited ASX experience, when the experts miss their target to the under side a re-rate usually occurs because of their pleasant surprise.  I'm not saying a 20% re-rate, but I certainly didn't see red coming.  And of course the opposite occurs when their predictions are missed, usually aggressively.  

    And, yes, can't agree more, all hail the mighty POO..........!!

    Cheers
    BLJ
 
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Last
$6.84
Change
-0.080(1.16%)
Mkt cap ! $23.02B
Open High Low Value Volume
$6.92 $6.94 $6.75 $97.69M 14.28M

Buyers (Bids)

No. Vol. Price($)
6 96681 $6.83
 

Sellers (Offers)

Price($) Vol. No.
$6.84 5679 1
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Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
STO (ASX) Chart
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