STO 0.86% $6.90 santos limited

Ann: Second Quarter Activities Report-STO.AX, page-38

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  1. 68 Posts.
    As I've said to you many times in these threads, I don't believe the new normal is $50. I feel it will return to $60 - $70, maybe a little more if economic growth picks up more in the coming years. However I do feel there are possibilities that it could drop lower than it is now for a few quarters before recovering, especially if there was some sort of financial crisis (which certainly is a possibility) - and that's the case when I feel STO would become worthless.
    Last edited by dandexter: 25/07/16
 
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