When questions are raised about STO needing more than a AUD$4.5 billions of dollars cash injection, no wonder already nervous investors are bailing out. STO hit $4.18 earlier today. It's now $4.035.
Not even a rising oil price has saved Santos today. Rises in Santos are being sold into.
This stock is in a clear bear trend imo and if $4.00 does not hold, and I expect it to fail, then watch out below imo.
Santos Needs $US3.5b Capital Injection - Macquarie, page-34
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Last
$7.72 |
Change
-0.010(0.13%) |
Mkt cap ! $25.07B | |||
| Open | High | Low | Value | Volume |
| $7.73 | $7.76 | $7.69 | $22.66M | 2.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24405 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 6101 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$7.72 |
Change
-0.010 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $7.73 | $7.76 | $7.69 | 645121 | ||
| Last updated 16.10pm 15/05/2024 ? | |||||
| STO (ASX) Chart |