Coopec, dislike to mention Economics 101 but a price equilibrium comes from demand and supply, supply mid to long term has been disrupted, demand will receive second order effects from the supply disruption. Saudi is trying it on and has succeeded in turning a strong mid to long term higher POO IMHO. STO is becoming a cheap stock at $7.92 in a $60 POO environment, still higher risk than the others such as ORG, SXY and WPL.
Coopec, dislike to mention Economics 101 but a price equilibrium...
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5564 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |