STO 0.13% $7.96 santos limited

Falling refining margins, page-3

  1. 2,173 Posts.
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    Welcome Yatchy and YA. We’re just got some experts here. It must be good. Let get rid off the bears.

    It's a good price but I need to hear Yellen speed tonight. It's a bullish momentum for the USD and a little bearish on poo because the market thinks there are more barrels of oil about to flood the market in light of lower imports/ exports from China and Japan. Demands are weak at the moment that couples with renew threat from Yellen but poo is NOT going to be shorted heavily because of inflation in US and China GDP is stablized at 6.5 -6.6%.

    STO is well placed in Asia market especially the buying power from South Korean, KOGAS who is becoming a major player in Asian market.

    STO is also well placed in Britain because of the connections between Shell -BG deal. London is going to face an energy crisis if they continue to experience capital outflows.

    Britain did ask for a free trade deal with Canada and Britain just reduced exploration fees to energy players in North Sea.
    At the moment Britain must secure more energy contracts.

    STO should be a meat bait in a greyhound game sooner rather than later.
 
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Last
$7.96
Change
0.010(0.13%)
Mkt cap ! $25.85B
Open High Low Value Volume
$8.00 $8.00 $7.92 $56.82M 7.131M

Buyers (Bids)

No. Vol. Price($)
6 46134 $7.96
 

Sellers (Offers)

Price($) Vol. No.
$7.97 55286 2
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
STO (ASX) Chart
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