STO 0.45% $6.72 santos limited

Where were you over the last two years when I was saying this...

  1. 2,211 Posts.
    lightbulb Created with Sketch. 48
    Where were you over the last two years when I was saying this and Santos had absolutely no friends?

    Wake-up-call, it's not as good an investment at $6 as it was at $4.

    There are twice as many shares on issue as when it last sold for $10.

    Why are analysts who completely cocked it up then "revised" their estimates still being posted in here?

    I shorted TSLA to retain 7,000 STO shares as I think it's still worth a little more and there were new opportunities for the capital. Whether that's $7 or $9 I dunno but it was a ducking easy decision at $3 or $4.

    Yes directors cocked up, people lost a lot of money. Unless you are going to do something more than whinge about it (and have deep pockets) then chill.

    Most of us can't influence events in a company this size so there's no use shouting.

    If you want to know whose at fault grab hold of a mirror.

    Shareholders funded the company. Shareholders vote on board appointments, if you don't like 'em sack 'em
    The shareholders bid the price up to $14 then sold it down to $3.

    It's not the regulators fault.
    There's no act of God here, just a society trained to have a pathological aversion to taking responsibility for their own actions.

    Have a great day everyone
 
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