"A bit of history regarding the last similar oil price crash (1986) and industry shakeout during the late 1980's - early 2000s. It is not all gloom and doom."
Trim, the difference is back than companies didn't have that much debt. STO is build on debt and debt will need to repay + interest.
"A bit of history regarding the last similar oil price crash...
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Last
$7.26 |
Change
-0.040(0.55%) |
Mkt cap ! $23.59B | |||
| Open | High | Low | Value | Volume |
| $7.29 | $7.33 | $7.25 | $11.36M | 1.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 89566 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 22028 | 49 |
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| Last trade - 14.52pm 03/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |