I completely agree that commodities are cyclical and that eventually oil and share prices will go back up. My concern, particularly in regards to Santos(As I own shares in it), is how low the share price will go and how long can they survive at current oil price? In my opinion, no one has a clue how long POO will stay this low, all we know is it won't be forever. But, I'm curious to know peoples opinions on how long they think Santos could survive if oil remained this price?
I completely agree that commodities are cyclical and that...
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Last
$7.23 |
Change
0.040(0.56%) |
Mkt cap ! $23.48B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.28 | $7.20 | $45.98M | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10011 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 15000 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |