No problem.
I believe that the market is underestimating the sticky nature of oil demand in both transportation and specialty needs and is also not looking at supply destruction, particularly in the USA, from lower oil prices. Electric cars will grow, but there are some real issues for government in the transition from conventional to electric vehicles, including road taxes and charging stations. You hit on part of that issue with the petrol stations.
We will see.
Cheers, AL
Ann: Santos announces non-cash impairment, page-8
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Last
$8.02 |
Change
0.020(0.25%) |
Mkt cap ! $26.04B | |||
| Open | High | Low | Value | Volume |
| $7.95 | $8.03 | $7.95 | $72.35M | 9.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11377 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 299409 | 10 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |