STO 0.45% $6.72 santos limited

Didn't pick the bottom but loaded up the truck on the way down...

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  1. 2,211 Posts.
    lightbulb Created with Sketch. 48
    Didn't pick the bottom but loaded up the truck on the way down that's for sure.

    Resource stocks are brutal, maybe I have learned enough to earn the title investor. Thanks for the compliment anyway.

    Different strokes for different folks, every dog has its day. I am out though as of yesterday, found some new opportunities.
    Average in 41,000 $3.5 average out $6.1 reserve right to change my positions at any time.

    It's hard to sell as it has a little left in it but as you say, don't get fixated on anything - if there are new opportunities take them.

    There's no certainty of where the oil price and STO shareprice will go next but over the long term it will go higher and the company is worth more.

    By my standards though, holding a company at $6 that's maybe worth $9 is not that appealing. My portfolio is entirely composed of bargain issues, that is stocks selling at 50% of their intrinsic value or less.
    Less is better but there's not a lot of value in the market.

    It's time to find some frauds and go short with a vengance while the financial world teeters on the brink of its self-inflicted abyss.

    GLTA
    Last edited by croasian: 23/05/18
 
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Last
$6.72
Change
0.030(0.45%)
Mkt cap ! $23.02B
Open High Low Value Volume
$6.74 $6.77 $6.72 $43.42M 6.449M

Buyers (Bids)

No. Vol. Price($)
6 104139 $6.72
 

Sellers (Offers)

Price($) Vol. No.
$6.73 10465 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
STO (ASX) Chart
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