STO 0.00% $6.73 santos limited

So AU 26c div and market price $7.44 is $7.70 . Back up amongst...

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  1. 9,508 Posts.
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    So AU 26c div and market price $7.44 is $7.70 . Back up amongst recent highs and they have range traded it a few times prior to divvy to $7.81.

    Interesting to see WDS share price not performing still under $30 as everyone was promoting that STO would fall in a heap after WDS withdrew from making bid . WDS $29.90

    WDS AU $92c 100% franked @ 30% gross up so $1.30 so Approx $31.30 Gotta love franking.

    Now WDS and STO are delinked it will be interesting to see how specific projects relate to share movements and also what drives the ratio between WDS and STO and total return for each.

    Still huge value in STO IMO while ever energy insecurity is on the cards worldwide and uplift value as projects complete next stages and come online especially outside of control of aussie govt.




 
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