"why should STO be at a turning point??! Is POO magically over $80? has our cost profile reduced? debt relinquished? white elephant filled with gas?"
Are you a pure TA player or you read any financial reports? Yours questions above indicate the former. Some quick data for you:
Costs: breakeven price down from $47 in 2015 to $34 in Q1;
Debt: down from $4.7b in 2015 to $3.1b in Q1
STO does not need $80 poo to make a lot of money anymore. HR will come out soon. Let's wait and see what the earning is. It may report a 20c EPS and additional $150m debt reduction.
Relative Performance, page-8
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Last
$6.84 |
Change
0.020(0.29%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.84 | $74.56M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 142192 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 81258 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
