STO is building really nicely, it’s fundamentals are excellent.
Price of oil staying quite strong so good profits will continue to stream in. Gas sales will be maintain on domestic and international fronts.
So STO driving down debt, happy to build its markets, knocking back suitors... the fundamentals of the company are terrific.
You’d even have to give a huge tick for management and the structures they’ve set in place.
So, as to the share price, STO will continue to be attractive to sh because of its fundamentals, and if it was to announce a return to dividends it would attract a whole new investor group.
Kicking goals on lots of front... longer term we’ll be really happy STO holders!
Is acquiring Quadrant a good idea?, page-21
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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
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |