I think sto will come into its own in 5 years and beyond when the LNG market tightens. LNG has a bright future and will be used for the next 50 years. Only gas can supply the energy that will provide the energy for ongoing industrialization and rising living standards in Asian and India. Other hydrocarbons such a coal may be left as stranded assets but gas will used in ever increasing quantities. Renewables will play a role but cannot replace gas in many industrial processes and will be hard to roll out on a scale required in densely populated countries to provide baseload power.
- Forums
- ASX - By Stock
- Will Santos ever recover?
I think sto will come into its own in 5 years and beyond when...
-
- There are more pages in this discussion • 516 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.82 |
Change
0.100(1.49%) |
Mkt cap ! $23.02B |
Open | High | Low | Value | Volume |
$6.72 | $6.84 | $6.71 | $42.88M | 6.307M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13309 | $6.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.83 | 58478 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |