Several months ago i posted that STO was facing huge CAPEX and the SP would decline substantially. (if anyone can retrieve the post I'll be grateful). SP gone from just under $14 to about $11.00. Where will it end? As costs on LNG projects continue to blow-out i feel SP will continue to drift down. STO a long term proposition for those who have faith that price of gas will increase substantially. Meantime i reckon $10.40 mark is vulnerable. IMO avoid... far safer punts elsewhere.
PS. 'Intelligent Investor' are ultra conservative analysts and they have big wraps on STO and recomend buying company at $14.oo!!!
Several months ago i posted that STO was facing huge CAPEX and...
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Last
$7.26 |
Change
-0.040(0.55%) |
Mkt cap ! $23.57B | |||
| Open | High | Low | Value | Volume |
| $7.29 | $7.33 | $7.22 | $33.06M | 4.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4026 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 27604 | 3 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |