STO 1.16% $6.84 santos limited

Has STO's uptrend broken down?, page-19

  1. 7,515 Posts.
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    STO already have finance on tap but if they draw on it they risk a credit downgrade - they will make it through but it is uphill for them - no way known I'm buying into any other oiler for a while even if I was to sell my shares in STO.. I also don't know if it will get back anywhere near the 2's even if the POO went back into the 20's in a worse case because it has improved then from 8 months ago even and is in much better shape after the CR and asset sale and this rally has bought time for them to cut and slash - the full year will reveal the numbers that give the real picture in USD but MMP ALL oilers will rise and fall with the tide - no way known I'd be buying ORG or BPT or SXY for at least 3-6 months....gold on the other hand...
 
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