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Sounds a smart strategy. Excellent.
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My estimation is simple. Old $6.88/Share is new $4.05(after new share issue of 1: 1.7 dilution).
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So in medium term crossing $4.00 is very low chance, exceptionally low, exceptionally low chance. So sooner or later a $3.30 to $3.70 or $3.15 to $3.60 or $3.30 to $3.70 trading range will emerge.
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Santos Target Price, page-10
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $22.05B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.84 | $6.75 | $39.49M | 5.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 98628 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 4571 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |