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
$7.30 |
Change
0.080(1.11%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $7.20 | $7.31 | $7.19 | $27.25M | 3.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17439 | $7.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 56583 | 5 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |