another perspective on CR: considering that STO has been listed on ASX for a pretty long time the fact that they raise capital (i.e. that they did not manage to pay the debt off when oild was VERY EXPENSIVE) is a final prove that this company has been totally mismanaged and probably it does not have a future - even if oil price recovers - STO simply has too big a debt to pay - just look at financial statements - it is horror there. And warning to those who think that $4.30 is 'cheap', good price to buy in: wait till STO gets to $1. If this happens what would $4 mark look like ? cheap ?
Ann: Santos completes Institutional Entitlement Offer, page-56
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Last
$7.94 |
Change
0.000(0.00%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67051 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 2000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |