I agree. STO is in a great position financially, with product volumes growing, strong demand/ price in the market and capable leadership. STO should grow significantly and deliver generous rewards to shareholders over the next several years. As a long term investor and accumulator on SP weakness I prefer to see the company I know deliver results to me over the next few years rather than a takeover where someone else (potentially international) gives us cash at current value and takes our future. It would have to be an enormous premium to make that attractive.
All IMO DYOR
Long Term Future of Santos, page-429
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5564 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |