STO 0.72% $6.98 santos limited

another perspective on CR: considering that STO has been listed...

  1. 712 Posts.
    lightbulb Created with Sketch. 15
    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 ?
    Last edited by ozbecool: 12/11/15
 
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