STO 1.18% $7.74 santos limited

POO is AUD$70, page-85

  1. 34,414 Posts.
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    Must admit that I mispredicted STO a bit (the debt gives it high risk if POO falls to the floor in the next 3.5 months, that remains) but if POO reclaims ground to $60-80 as it is doing, STO is fine. There r probably better safer exposures i.e. ORG & over-shorted mid-caps such as SXY, DLS & so forth so STO is still not immediately my first call when I think O&G as its price is already 30% or so from its bottom. Still STO is probably a good one for diversification in O&G producers IMHO but pls DYOR.
 
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