It could be 5 years before STO gets back to $15... I reckon it will bounce a dollar or two when the market decides oil has bottomed, but then I agree, a slow climb back up to $10+.
Div yield is still fairly poor, even at $7, especially considering there is a decent chance of a div cut IMO. So in that sense it may have further to fall, especially if oil drops again overnight.
Possibly into the 6s tomorrow... if I hadn't seen it, I'd never have believed it...
STO at $7.oo. What to do?, page-2
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Last
$7.67 |
Change
0.010(0.13%) |
Mkt cap ! $24.91B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.67 | $7.53 | $52.77M | 6.919M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53309 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 262779 | 6 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |