STO 0.13% $7.96 santos limited

POO is AUD$70, page-77

  1. 34,394 Posts.
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    Yes, my only issue with that is $100K without a utilities piece behind the corporate or a steady cash flow is one mighty punt. STO has some debt & lack of utility presence so medium to high risk compared to say ORG which is less risky but same POO exposure & if I wanted a pure O&G producer SXY compared to STO looks more attractive but obviously SXY is more exposed to POO of $20 (see link below) if POO ever goes back down there compared to STO. I try to diversify to max the gain from POO rising, another 2.4% yesterday evening, see below.
    http://www.bloomberg.com/news/artic...erts-know-exactly-where-oil-prices-are-headed
    Last edited by JCoure: 07/02/15
 
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