It should recover very well.
Now the Brent Crude is
"Brent crude +3.6% to $US71.14 a barrel at 4.10pm New York time
US oil +3.7% to $US65.74 a barrel at 4.10pm New York time"
https://www.smh.com.au/business/markets-live-asx-set-for-modest-open-20180411-h0ylrd.html
IMHO, regardless of the Harbor bid, STO should be above $7 just for the oil market trend right now.
Will Santos ever recover?, page-277
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Last
$7.02 |
Change
0.180(2.63%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.03 | $6.91 | $81.59M | 11.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125302 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 766 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |