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Here is my take (NO ADVICE TO ANYBODY, JUST A COMMON STATEMENT)
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If I bought Shares in Santos in Capital Raising and Prior to that (during turmoils). I probably have taken Plenty of Financial Pain of Watching it Loosing Lots of Value.
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Now House is Under Renovation (New CEO at Santos) why should I sell before renovation is completed (Cost Cutting, Retrenching, & Trimming the Company etc. etc)..
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Why the hell on earth I would sell now while I just need to wait till few months to see renovation completed and put it on auction of a good sunny day (When Oil Price is High).
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Simple .... No Rocket Science
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Oil Rally Confirmed, page-16
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Last
$6.90 |
Change
-0.060(0.86%) |
Mkt cap ! $22.40B | |||
| Open | High | Low | Value | Volume |
| $6.97 | $6.99 | $6.89 | $75.56M | 10.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 101550 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 24252 | 7 |
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