The prospects for STO in the next 10 years are very strong and the fundamental case for LNG I think are compelling in terms of the world need for clean fuel. The company has made significant in-roads in terms of its turnaround. Its cost per bbe is only marginally higher than WPL. the only key question for me would be do I prefer the quality of the WPL asset or the opportunity in the STO turnaround. I own both. Bought WPL at $9, bought STO 2 months ago at $3.05. Fundamentals win out over all this silly shorting and technical crap if you are long term investor. Go back and look at the histories you could of bought CPU at 1.63 in 2000, BHP at $9 in 2001, CBA at $31 in 2002 and then again in 2008.
The prospects for STO in the next 10 years are very strong and...
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Last
$6.84 |
Change
0.020(0.29%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.84 | $55.62M | 8.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9024 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.50 | 118047 | 10 |
View Market Depth
| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
