Two Points
1) Various bad decision by Santos are reflected in Santos current share price
2) Oil have to move up. if it does not they need CR soon, that will be disaster
3) I dont think debt is big issue. Issue is Oil Price.
However, always remember, Average return in Australian Stock Market over the last 20 years is around 3.2%. Dont expect STO to go up within days or months.
Why is santos falling today?, page-20
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Last
$6.98 |
Change
0.050(0.72%) |
Mkt cap ! $22.66B | |||
| Open | High | Low | Value | Volume |
| $7.04 | $7.09 | $6.98 | $56.29M | 8.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19356 | $6.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.01 | 39795 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |