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...
Has STO's uptrend broken down?, page-19
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Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43486 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 39967 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |