I reluctantly agree that STO will test $2.50 again some time.
A lot of us who hold it have done so for a while and like most have been blindsided by the rapid sell off.
But it wouldn't matter what stock you held.
Look at the banks -- perpetual mendicants ! Always got their hands out.
STO should get in line and get some of the money gushing from Canberra.
A merger with WPL --- always possible.
Probably Neither would be interested unless the covid situation drags on into 2021.
Oil/Gas are essential ,unlike renewable energy which is a luxury way to produce energy.
O/G should recover as economic activity ramps up after the covid express has blasted through.
It will take a long while for the world to recover from the government induced depression causing over reactions.
Aa bigger risk for citizens will be getting the govt to go back into its box and leave us alone.
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Last
$7.70 |
Change
0.035(0.46%) |
Mkt cap ! $25.04B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.75 | $7.67 | $17.05M | 2.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 47100 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 63316 | 45 |
View Market Depth
| Last trade - 13.02pm 14/07/2025 (20 minute delay) ? |
| STO (ASX) Chart |