Developed markets are mostly semi-strong form efficient. Earning trading profits after this type of information is public is very unlikely.
The massive sell off juxtaposed against Santos’ fundamentals - and the implications of future earnings - should have been your cue.
Now that 5.3 has been thrown out there the market will begin price discover of this stock, likely upwards from where it’s at even now...
Best of luck!
Earn while you learn.
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