From 2.90 in July to 4.35 in October , roughly 16 weeks.
Just prior to the low being reached.
1 Oil was at an all time low.
2 Debt was running rampant with no relief is sight.
3 Management had been questionable.
4 Sentiment and depression amount share holders was at a high level.
5 Global warming activist's in every corner of the media preaching doom and gloom.
6 Every one hated the so called Santos dog.
Each one of the points mentioned above has had a 180 degree turn around. Not to mention the East Coast debacle which can only be a positive for STO. In the long term.
Of course the most exciting points are debt levels reducing , and poo on the rise which in turn makes it easier to reduce debt which in turn helps to increase profit , which helps to reduce debt and so the wheels continue to turn.
Even if the poo dropped back to $40.00 tomorrow the Santos is in much better shape than it was 12 mths back.
Does all of this place the stock in the Buy , Hold or Sell basket ??
Does any one have the answer.
I don't.
However , the signs say Healing is well under way.
Pa 31.
- Forums
- ASX - By Stock
- STO
- Comments Anyone!!
Comments Anyone!!, page-39
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
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. |
---|---|---|
$6.83 | 58478 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 18/11/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |