STO 2.24% $7.86 santos limited

santos to buy or not buy, page-3

  1. 1,481 Posts.
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    Santos would be good value at $5 per share. P/E will be reasonable at that point (Current P/E ratio is 17.5 at 10.10). But if oil keeps falling and American shale companies keep producing, it may drop further. So I would start buying small amounts at $5.
 
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