STO 1.76% $6.92 santos limited

Said it before and I'll say it again. Too long with no recession...

  1. 317 Posts.
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    Said it before and I'll say it again.
    Too long with no recession and too many dipsh!ts protesting without full knowledge of what the gas business entails.

    Let em sit in the dark and let the protester subsidies dry up.
    Biggest LNG exporter and we don't have enough gas. How seriously stupid is this situation?

    Upside though, Labor has lost so Narribri still has a chance, some nice upside for STO as they've already written down this asset.
    The presentation out today looks excellent, what a turn around from the days when KG joined the company.
    He actually started on the week the oil price hit its lows. So whilst he's done a reasonable job, talk about lucky!

    Listened to an interview with the Exec Chair of SOL and he talks about their coal investments for cheap base load power. Best two forms today are natural gas or coal (yes it can be cleaned up to a point). Solar and Wind contributed 4% on those high load days recently.

    Wake up Australia, nicest 3rd world country you'll ever live in (based on internet speed, energy policies, bumbling corruption in govt)

    https://soundcloud.com/user-443749568/a-century-of-dividends/

 
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