STO 0.45% $6.72 santos limited

No - just bracing for the write down - I have no idea what it...

  1. 7,515 Posts.
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    No - just bracing for the write down - I have no idea what it will look like and I have no idea what they'll try counter it with even though I'm still bullish STO and later this year I'm sure the poo will lift the whole oil/gas sector but on the road just up ahead is something waiting and I'm not going to say it isn't there, though its only going to hurt once - I just don't know how much that is going to be.
    I also don't know the affect it will have on the sp though a bit of a pull back would be a given but if its not so bad we could bounce - I can't be any more even minded about this if I tried
    Last edited by Pbnewby: 09/02/16
 
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