STO 1.61% $7.58 santos limited

Nick I think in 2015 debt was a real burden at around the 7 bill...

  1. 428 Posts.
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    Nick I think in 2015 debt was a real burden at around the 7 bill mark.
    As of now debt has reduced to around the 3 Bill mark and rapidly falling.
    I agree with all of what you wrote.
    This stock like many other Australian stocks that are fundamentally very strong is out of favour with the general public for no other reason than stupidity. There is strong conjecture at present that a stock must be in BNPL , or BS Kids games , or even electric Cars and Tonka trucks to succeed. Show me the profit. Show me the money I say, I want dividends for my investment, I want growth in industries Humanity can not live with out. When the General Public start to push their brokers and investment houses and super funds for divvys and strong solid growth STO will break $20.00 bucks in a heart beat.
    You can not use BNPL money to purchase every day commodities we all use unless some one some where is digging holes.
    With out the hole digging the shelves are empty , nothing to purchase.
    Its now just a matter of time before they all wake up.
    You said 10 bucks by the end of the year, I say 10 bucks within 16 weeks.
    Unless of course we must endure yet an other round of the Chinese Flu.
    Lets see how it goes.
 
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Last
$7.58
Change
0.120(1.61%)
Mkt cap ! $24.43B
Open High Low Value Volume
$7.50 $7.60 $7.48 $28.46M 3.560M

Buyers (Bids)

No. Vol. Price($)
19 16856 $7.58
 

Sellers (Offers)

Price($) Vol. No.
$7.59 34506 35
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Last trade - 11.53am 21/06/2024 (20 minute delay) ?
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