well STO looks like a perfect contrarian play at the moment.
every toss bag is knocking it down... even the man on the street.
with a virtual monopoly in some of its businesses, and its massive market cap and free cash, i've taken the punt and have more going long on this than short.
in the meantime, i should be rewarded for the short term volatility, but expect the stock to recover past $11 by early next year.
so this is my call. You can see my other successful call on MGQ on the other thread, where I predicted it perfectly.
ferrets stock to watch: santos limited, page-5
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.91 |
Change
0.015(0.19%) |
Mkt cap ! $25.72B | |||
| Open | High | Low | Value | Volume |
| $7.96 | $7.96 | $7.88 | $8.641M | 1.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 27071 | $7.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 44342 | 46 |
View Market Depth
| Last trade - 12.06pm 11/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |