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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From 2.90 in July to 4.35 in October , roughly 16 weeks. Just...
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Last
$7.46 |
Change
0.030(0.40%) |
Mkt cap ! $24.22B |
Open | High | Low | Value | Volume |
$7.45 | $7.47 | $7.41 | $73.67M | 9.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32408 | $7.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.46 | 69709 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 7.830 |
1 | 8 | 7.620 |
1 | 1 | 7.540 |
2 | 15536 | 7.460 |
1 | 70 | 7.450 |
Price($) | Vol. | No. |
---|---|---|
6.720 | 4613 | 1 |
7.030 | 518 | 1 |
7.090 | 641 | 1 |
7.150 | 11650 | 3 |
7.180 | 215 | 1 |
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