There are many factors that favour Santos:
1) turnaround story ( Peter Lynch's approach)
2) takeover bids (this is really good)
3) oil price ( not as reliable)
4) punters (group think mentality)
5) PNG assets (cheap to operate and is cashflow positive)
6) LNG assets (not easy to build)
A bid from Woodside or BHP indicates seriousness.
Will Santos ever recover?, page-82
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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 |
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