STO 1.16% $6.84 santos limited

Ann: S&P reaffirms Santos investment grade credit rating, page-8

  1. 1,110 Posts.
    lightbulb Created with Sketch. 140

    Agree, I think there will be quite a bit of down side to come, the World is grinding to a halt due to the virus, the Saudis and Russians are in a race to the bottom, more oil is being produced than what we can use and soon all of the oil storage space will have been used up. Santos sp is very tempting but I’m still tipping a bottom of around $2.50 and then hold for long term and if Santos can get thru to the other side of the glut I feel it will grow bigger than it ever has been
    DYOR good luck to all holders
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.