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.
DCF is fine, however you slice the pie substantially higher oil...
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Last
$6.79 |
Change
-0.040(0.59%) |
Mkt cap ! $22.05B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.86 | $6.77 | $34.30M | 5.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16991 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 60994 | 2 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |