I can smell it Eshmun, smells good. In the green for Santos now on 2 out of 3 parcels and overall, need to start considering at what point I'll be happy to take profits. I don't see any reason to think about selling yet while oil is below US$40, as I take the view it will be above that price within 6 months and trending upwards. When Santos starts approaching $5 I'll probably look to start trimming, but may keep my best parcel ($2.87) longer term (3-5 years). Don't want to get too presumptuous though, anything could happen, we need to see US production drop below 9mb/d for a few weeks and still trending down before we can be more confident the rout is over (I think we are just about there).
Santos Target Price, page-12
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Last
$7.74 |
Change
0.090(1.18%) |
Mkt cap ! $25.13B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.80 | $7.71 | $70.72M | 9.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20574 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 30000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |