DCF is fine, however you slice the pie substantially higher oil prices in coming years will improve Santos' earnings dramatically and prove its value.
A $10bn business won't stay unloved and underanalysed for long when market sentiment turns.
I was early for sure but this position is now bearing fruit, like Steve I see the rumoured $5.3 takeover bid as relatively low and am still in for the long haul.
$50-60 New Normal or U.S Shale Bubble?, page-688
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Last
$7.15 |
Change
0.000(0.00%) |
Mkt cap ! $23.22B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $7.17 | $7.12 | $350.5K | 47.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13825 | $7.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 18413 | 9 |
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| Last trade - 10.08am 04/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |
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