STO 0.00% $6.73 santos limited

sto looking weak, page-7

  1. 255 Posts.
    I think the quarterly will be good tomorrow. The short sale at $14 is a little risky given takeover talk, and especially now given they made a discovery of gas up North.

    I believe tomorrow we will break the $14.50 mark if the quarterly is okay.. We've seen the past week or two having significant $$$ value traded, usually around $20million for Santos, but we have had around 60-80 million on a few days in the upwards direction- that's a bullish trend.. Remember that a lot of these brokerage houses have price targets of around the $15-$18 mark, so I'm really not sure why people are shorting this stock given capex has topped and 2014 will most likely see an increased dividend.. Furthermore, they are selling their new gas into a rising gas market...

    Again, it depends on the 1/4ly tomorrow...

    Good Luck to all the Santos Bulls out there!
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$6.73
Change
0.000(0.00%)
Mkt cap ! $21.85B
Open High Low Value Volume
$6.74 $6.80 $6.71 $31.87M 4.722M

Buyers (Bids)

No. Vol. Price($)
6 109761 $6.73
 

Sellers (Offers)

Price($) Vol. No.
$6.77 64413 4
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.