We all as shareholders want STO to succeed and make good (GREAT) profits for shareholders,staff and even management. We live in hope that oil prices remain high to generate high profits. If oil remains at these levels for at least the next 18 months Santos would have paid for the Quadrant take over. What would that do to the STO share price and not to mention the dividend?
But where there is good, there is bad.
From what I can see Brent tonight is at $79.00USD, so that would make Tapis around $80.50 and STO sells at Tapis price, correct?
I just filled up my Nissan Micra 40 litres at $1.55 pl $62.00 AUD. Two weeks ago was at $1.31 pl cost $52.40.
As a customer I am at these fuel prices. As a shareholder I feel can you feel my confusion???
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
1 | 7956 | $6.92 |
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Price($) | Vol. | No. |
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$6.93 | 52471 | 6 |
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No. | Vol. | Price($) |
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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 |
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