STO 0.86% $6.90 santos limited

Ann: Asset Review Outcome-STO.AX, page-6

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  1. 5,824 Posts.
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    Kemenya, the more you type, the more people can understand your ability in this trading game. I have no issue with traders/investors/hotcoppers doing what they like with their money, it's just part of a learning process that we all want to do so we can safeguard our money. I just don't see it's a good idea to proclaim yourself to have nothing to learn from hotcopper. Hope we all can learn you your strategy. But for your information, we talked about $50-60 oil price couple of moons ago when oil was still below $40.

    It's ok that the market reacted differently to one's view. May be you are right and the rest are not. It does sometimes.

    STO doesn't want and preferably not to pay any tax for now and the near future, even if in term of real cash flow, they are still profitable. The other day, in my opinion, STO is not making loss, today it's a paper loss that they declare. I was wrong on that. However, it's not a loss from a wallet 6 months ago, it's just a declare that wallet has cash but no tax to be paid until it's fatter.
 
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