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0.59%

$6.79 santos limited

Bought today, page-2

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bilsto

1,261 Posts.

37

03/11/16

02:25

Post #: 20329457
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Originally posted by Warrigals ↑

I've bought into STO today.

This new boss Gallagher is making all the right moves I think. Going back to core business by rationalizing things, selling non-core assets, debt reduction and the normal cost reductions (labour cuts and possibly dividend cut?) that a new boss can justify by sweeping the decks clean will all see a much improved bottom line for STO.

I'm no expert on commodity prices and rarely invest in such companies, but gee too me, STO looks worth more than what the market is saying it is.

Warrigals

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Good long term buy imo, but unfortunately for you your going to get hit hard tomorrow. STO could well be headed much lower, along with the price of oil. Low 2's wouldn't be out of the realm of possibilities in the next 6 months.

STO Price at posting: $3.36 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.79		Change -0.040(0.59%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
$6.85	$6.86	$6.77	$34.22M	5.035M

Buyers (Bids)

No.	Vol.	Price($)
2	16991	$6.79

Sellers (Offers)

Price($)	Vol.	No.
$6.80	104270	4

View Market Depth

No.	Vol.	Price($)
4	129176	6.920
6	233123	6.910
9	295156	6.900
11	303505	6.890
4	129828	6.880

Price($)	Vol.	No.
6.940	107742	9
6.950	424616	27
6.960	247191	13
6.970	73167	4
6.980	17507	1

Last trade - 16.10pm 05/11/2024 (20 minute delay)

STO (ASX) Chart