All true , but without any hedging they have taken on a big risk with currency and commodity price.
I am surprised their lenders did not insist on some sort of hedging to mitigate risk.
Current production Guidedance is 57 to 64 mmboe , which is not al that much more than what the are currently producing.
The price they are receiving is also probably going to be a lot lower.
Hope for your sake the Price of Oil starts moving north.
- Forums
- ASX - By Stock
- STO
- bottom?
bottom?, page-76
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
|
|||||
Last
$7.44 |
Change
-0.005(0.07%) |
Mkt cap ! $24.21B |
Open | High | Low | Value | Volume |
$7.45 | $7.49 | $7.38 | $24.46M | 3.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 25250 | $7.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.44 | 10922 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 20081 | 7.450 |
18 | 47861 | 7.440 |
15 | 34223 | 7.430 |
13 | 58799 | 7.420 |
17 | 67071 | 7.410 |
Price($) | Vol. | No. |
---|---|---|
7.460 | 33575 | 26 |
7.470 | 47788 | 16 |
7.480 | 47347 | 12 |
7.490 | 106197 | 15 |
7.500 | 32606 | 17 |
Last trade - 10.53am 23/08/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online