I agree with all your comments, if you go back a bit further this was the biggest dog on the ASX. Emotions were running very high on Hotcopper. The moderators were earning their money back then dealing with abusive posts. Even I put a few on ignore. It's obvious the ship has finally turned and I have been on STO for a while now (back in the $2's......but mind you my average price is about three times that)
BUT, the so called experts missed their targets by about 20% on the underlying profit. A significant amount these days when we are approaching $1bn dollars underlying profit. That free cash figure was a surprise to the upside and along with that, the excellent dividend in US$.
From my limited ASX experience, when the experts miss their target to the under side a re-rate usually occurs because of their pleasant surprise. I'm not saying a 20% re-rate, but I certainly didn't see red coming. And of course the opposite occurs when their predictions are missed, usually aggressively.
And, yes, can't agree more, all hail the mighty POO..........!!
Cheers
BLJ
I agree with all your comments, if you go back a bit further...
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
