STO 2.63% $7.02 santos limited

What is TRUE value of SANTOS?

  1. 199 Posts.
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    Take out the Harbour Energy offer, what is true value of STO atm? With Brent at $73.20, I believe STO sells at a slightly higher price at around $1.50 premium to Brent. Going forward, STO should have around 1 billion free cash flow if oil price stays at these levels.
    Analysts have STO valued at between $5.35 to $6.35..............any thoughts?
 
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