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1.16%

$6.84 santos limited

People happy with managements decision probably have a higher...

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xio115

186 Posts.

30/05/18

11:56

Post #: 33372334
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Originally posted by thebarry111 ↑

So oil is headed south again. Realistically if management has stuffed the call again on oil in how many years do you think it will be before we see div’s returned and we hit $6? Reality is this will trade with a $4 handle before it trades with a $6. People saying management have done the right thing are dead set kidding themselves. A bird in the hand is worth two in the bush. It’s just the most bizarre attitude to knock back 30-40 percent on your holding in the hope that years down the track you may get that money back, littleown be in front. Dumb, dumb, dumb!

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People happy with managements decision probably have a higher average entry price than the T/O offer, and do not want to realize the loss. I also do not understand having a long position and jumping for joy with a decision that sends the stock lower. It would need to rise 22% just to be square at where it should have been.

STO Price at posting: $5.72 Sentiment: None Disclosure: Not Held
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(20min delay)
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

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 27/09/2024 (20 minute delay)

STO (ASX) Chart

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