DCF is fine, however you slice the pie substantially higher oil prices in coming years will improve Santos' earnings dramatically and prove its value.
A $10bn business won't stay unloved and underanalysed for long when market sentiment turns.
I was early for sure but this position is now bearing fruit, like Steve I see the rumoured $5.3 takeover bid as relatively low and am still in for the long haul.
$50-60 New Normal or U.S Shale Bubble?, page-688
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Last
$7.15 |
Change
-0.020(0.28%) |
Mkt cap ! $23.22B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.17 | $7.12 | $56.91M | 7.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 22411 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 31180 | 5 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |