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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Last
$7.92 |
Change
0.100(1.28%) |
Mkt cap ! $25.72B |
Open | High | Low | Value | Volume |
$7.90 | $7.99 | $7.86 | $70.91M | 8.945M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 103131 | $7.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.93 | 3783 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 80335 | 7.920 |
1 | 11266 | 7.910 |
1 | 18968 | 7.900 |
2 | 13050 | 7.870 |
2 | 5636 | 7.860 |
Price($) | Vol. | No. |
---|---|---|
7.930 | 3783 | 1 |
7.950 | 32000 | 2 |
7.960 | 1319 | 1 |
7.970 | 29637 | 7 |
7.980 | 8650 | 5 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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