STO 0.29% $6.84 santos limited

$7.50 a share?, page-6

  1. 3,062 Posts.
    given the economics of our world and the current race to the bottom for sovereign rates to promote growth in
    the world economy, one would think the economics of gas with a long term supply are likely to experience growth , so how is $ 7-50 even remotely likely to be considered.

    with debt taken into account I think a more appropriate offer should start at around $8-50 to compensate for likely debt reduction over the next three years that would eventuate as payments for supply arrive on a regular basis.

    the offer made, highly conditional, was made in the light of the worlds economy at that time and the unknown
    prior to delivery of any gas.

    how fickle are markets the usa market driven by fast food profits a measure of economic activity and confidence.

    well its early days, i have held STO at $6 simply because its well manged long term player and think its
    a good buy on the basis of its business fundamentals
 
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$6.84
Change
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$6.95 $7.01 $6.84 $74.56M 10.82M

Buyers (Bids)

No. Vol. Price($)
9 58529 $6.84
 

Sellers (Offers)

Price($) Vol. No.
$6.85 81258 2
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