Given your thesis is that the oil price is not constrained by shale then this is still a great outcome for you, as you can take a lot more money off the table than you could have done more recently, and re-invest this in other O&G stocks to retain exposure to what you believe (which could be correct) are higher prices.
STO didn't/doesn't offer you anything uniquely if you hold a bullish oil price view,
Given your thesis is that the oil price is not constrained by...
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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
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
