STO 0.13% $7.68 santos limited

(These passages are related to my above post)It is also crucial...

  1. 1,505 Posts.
    lightbulb Created with Sketch. 368
    (These passages are related to my above post)

    It is also crucial to understand that Indonesia is greatly reliant on fossil fuel use; & also derives vast wealth from sales of LNG, coal etc.
    Indonesia | EITI

    Crowded, & generally poor, Indonesia, pop. c.240 m, may overtake Australia's GDP in the next few decades (not per capita)...huge implications for Australia.

    Indirectly & long term, this ALP stance (which is also shared by the LNP) supporting fossil fuels bodes well for STO. Geopolitcial, defence , & economic etc. considerations means we will not sacrifice our fossil fuels' huge export earnings (& our own energy security), simply to be replaced by other countries' fossil fuel earnings, gleeful to benefit from our caprice & stupidity.
    Last edited by Montalbano: 03/06/24
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.68
Change
-0.010(0.13%)
Mkt cap ! $24.94B
Open High Low Value Volume
$7.70 $7.78 $7.67 $58.69M 7.605M

Buyers (Bids)

No. Vol. Price($)
1 18648 $7.68
 

Sellers (Offers)

Price($) Vol. No.
$7.69 18584 2
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.