Yes but the issue will be that the sums will be done looking forward from the release next week which will be from figures looking back. IMO we need to see:
1. cash - how long will it last?
2. all up break even costs for the whole company?..
3. what is planned to further slash costs?..
4. can STO maintain forward production on reduced capex ie for GLNG?
I'm sure the new CEO is burning the midnight oil leading up to this full year release - not so much for what happened but for whats planned as this is what will affect STO going forward - they need to plan for the worst - not hope for the best IMHO.
Things can turn around quickly if the market likes what it hears because generally the market is forward looking - we'll know when we know I guess..
Yes but the issue will be that the sums will be done looking...
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$7.86 |
Change
-0.180(2.24%) |
Mkt cap ! $25.52B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $7.94 | $7.86 | $50.92M | 6.465M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13931 | $7.86 |
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| Price($) | Vol. | No. |
|---|---|---|
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| STO (ASX) Chart |