STO 1.19% $8.05 santos limited

Potential capital raising, page-52

  1. 7,515 Posts.
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    I think that the CR window has closed again (hopefully), I also think they still hope to ride this out with the sales coming in from the glng (which was the old plan). Every day one newspaper says they're going to sell something - next day its a CR or 50/50 then next day its only png - I've no idea and it seems I'm in good company - as far as retracing the old low - that would depend on the poo as this will guide the daytraders who've taken profits in the last few days.
    Shorters will exploit a lowering poo as its impossible to know at any given time if they're doing the selling until the day after its done - the numbers are building again that's known - bets are building on $3.50,3.60, 3.90, 4.30, 4.40, 4.50 - all the way up.. so we know and the expiry date on these bets is the 29th of this month.

    So again the poo will affect sentiment which will guide daytraders and shorters will just keep shorting until the company does something materially to stop it.
 
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Last
$8.05
Change
0.095(1.19%)
Mkt cap ! $26.14B
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$8.01 $8.07 $7.98 $59.10M 7.362M

Buyers (Bids)

No. Vol. Price($)
38 24966 $8.04
 

Sellers (Offers)

Price($) Vol. No.
$8.05 61356 35
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Last trade - 14.26pm 17/07/2024 (20 minute delay) ?
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