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Should current crude prices sustain there is upside risk to STO...

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Mkr

2,156 Posts.

65

16/10/17

16:02

Post #: 27938577
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Originally posted by Grow Rich ↑

Hi Mkr,

My questions were based on facts from 2017 first-half shareholder update from Santos.
First, it reported a half-year net loss after tax of US$506 million (after impairment charge of US$689 million)
Second, it targets to reduce net debt to US$2 billion by the end of 2019.
I will be very happy to receive dividends from STO. But it is premature to expect that.

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Should current crude prices sustain there is upside risk to STO cash flows.
Sto is in a better position than a few months ago.... still a dog, but not a sick one

STO Price at posting: $4.19 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Last $6.79		Change 0.000(0.00%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
1	2732	$7.16

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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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
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