Where the Share price will be in a few month's time is uncertain.Under the influence of shortsellers,Bot traders and macro-economic conditions,there is no certainty.
What I am certain of is that if the Share price did approach the $3 mark again,this would be a perfect opportunity for the mum and dad investors to average down,consider dividend re-investment and to take a 3-4 year time frame portal as a basis for there investment.
The facts as they have been presented;Break-even costs reduced.Debt pile reduced.Yes,the current oil price has an underlying bearing on profitability.Using the same rationale what effect would it be on smaller players in the same space?.Fertile ground,one would think to acquire assets at bargain basement prices.
This is within the capability of the Santos BOD.Time will tell on this issue,no doubt.
As always.consider your investment decisions carefully.Have a good weekend.
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Last
$7.09 |
Change
-0.095(1.32%) |
Mkt cap ! $23.01B |
Open | High | Low | Value | Volume |
$7.09 | $7.14 | $7.06 | $20.02M | 2.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 40816 | $7.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.09 | 67218 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 40816 | 7.080 |
26 | 66796 | 7.070 |
23 | 74608 | 7.060 |
37 | 103868 | 7.050 |
17 | 75423 | 7.040 |
Price($) | Vol. | No. |
---|---|---|
7.090 | 67323 | 30 |
7.100 | 93087 | 31 |
7.110 | 39424 | 18 |
7.120 | 76315 | 17 |
7.130 | 93075 | 11 |
Last trade - 11.32am 15/10/2024 (20 minute delay) ? |
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