From 2.90 in July to 4.35 in October , roughly 16 weeks.
Just prior to the low being reached.
1 Oil was at an all time low.
2 Debt was running rampant with no relief is sight.
3 Management had been questionable.
4 Sentiment and depression amount share holders was at a high level.
5 Global warming activist's in every corner of the media preaching doom and gloom.
6 Every one hated the so called Santos dog.
Each one of the points mentioned above has had a 180 degree turn around. Not to mention the East Coast debacle which can only be a positive for STO. In the long term.
Of course the most exciting points are debt levels reducing , and poo on the rise which in turn makes it easier to reduce debt which in turn helps to increase profit , which helps to reduce debt and so the wheels continue to turn.
Even if the poo dropped back to $40.00 tomorrow the Santos is in much better shape than it was 12 mths back.
Does all of this place the stock in the Buy , Hold or Sell basket ??
Does any one have the answer.
I don't.
However , the signs say Healing is well under way.
Pa 31.
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$7.68 |
Change
-0.010(0.13%) |
Mkt cap ! $24.94B |
Open | High | Low | Value | Volume |
$7.70 | $7.78 | $7.67 | $58.69M | 7.605M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18648 | $7.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.69 | 18584 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 10683 | 7.670 |
8 | 35378 | 7.660 |
6 | 52442 | 7.650 |
1 | 10122 | 7.640 |
2 | 9184 | 7.630 |
Price($) | Vol. | No. |
---|---|---|
7.690 | 18584 | 2 |
7.700 | 28056 | 6 |
7.710 | 28352 | 3 |
7.720 | 27852 | 4 |
7.760 | 1000 | 1 |
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