When momentum is on your side, the only reason I would sell is for a quick few trades, as Santos has now started going a touch side ways, and for someone with say 20,000 plus sares, a 5c back and forth is a tidy profit over the cause of a few weeks.
Other than to get back in a bit lower than your sell price, as it currently stands, I can't see why else one would sell, oh and of course shorters closing out.
Will Santos ever recover?, page-181
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Last
$7.46 |
Change
-0.400(5.09%) |
Mkt cap ! $24.55B | |||
| Open | High | Low | Value | Volume |
| $7.66 | $7.66 | $7.45 | $41.63M | 5.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 35269 | $7.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.47 | 59422 | 36 |
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| Last trade - 15.54pm 05/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |