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Boris. Eventually every rally fades, but some times it is better to read counter point of view also and make a move.
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When Santos was trading at $2.63/Share ( You made above post in in Feb) you were not convinced that Santos is a buy at all. You thought at that time too that Santos is going to go further down and is not worth investing at all.
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Now Santos is $4.06. That is a 51% Rally Upward.
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Yes, Santos Debt is an issue. But as long as Oil Trades above 40/Barrel they are profitable and most likely will make good profit and pay Debt. All bad news are Dead and Burried now.
STO - Long Term Buy, page-134
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Last
$7.23 |
Change
0.040(0.56%) |
Mkt cap ! $23.48B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.28 | $7.20 | $45.98M | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10011 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |