STO 0.13% $7.66 santos limited

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  1. Ya
    6,809 Posts.
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    Fundamentals matter for now. Since AFR's friday morning breaking story abt STO, no wonder this should b on every Insto's radar.

    As per STO's ASX release on friday,

    GLNG remains in detailed ongoing discussions with a number of parties in relation to potential LNG
    sales, equity in the project and collaboration between projects
    .


    Citi have a value of $16.12/sh for now. So the mkt does expect a deal at some point in time, hence the rush on friday.
 
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