STO 1.49% $6.82 santos limited

Depends on oil price. and price depends on supply and demand....

  1. 59 Posts.
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    Depends on oil price. and price depends on supply and demand. Seems to me it takes time for supply shortage but it will as the companies and banks not invested. As long as renewal energy not take over oil which i think not AMT, it will happen and SP double is easy to double (easy to drop 3-4 folds as well). Be patient to invest commonites. I think it has only 3-4 life-time changes or cycles. A good time ready(still 1 year or 2) to buy is when companies start reinvesting, ready to sell when a lot of new comers, a cycle around years. Remember it is not you or me to push the SP up, it is inst, so be patient
 
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