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
POO is AUD$70, page-77
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Last
$7.84 |
Change
0.100(1.29%) |
Mkt cap ! $25.46B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.89 | $7.80 | $44.20M | 5.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2389 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.84 | 129419 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |