There are many factors that favour Santos:
1) turnaround story ( Peter Lynch's approach)
2) takeover bids (this is really good)
3) oil price ( not as reliable)
4) punters (group think mentality)
5) PNG assets (cheap to operate and is cashflow positive)
6) LNG assets (not easy to build)
A bid from Woodside or BHP indicates seriousness.
Will Santos ever recover?, page-82
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Last
$6.82 |
Change
0.100(1.49%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.71 | $42.88M | 6.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13309 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 58478 | 6 |
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