Depends on your investment thesis.
STO could be characterised as a recovery stock on 2 fronts - a corporate recovery after some poorly strategised and executed investments and secondly playing to a commodity price recovery after a 1 in 30 year black swan event (2015 oil price collapse).
The balance sheet is being repaired and oil price is up.
A dividend may counter productive to the balance sheet repair.
Depends on your investment thesis. STO could be characterised as...
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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
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
