STO 0.43% $7.05 santos limited

Can someone explain to me in plain English why Santos is idling...

  1. 50 Posts.
    lightbulb Created with Sketch. 3
    Can someone explain to me in plain English why Santos is idling around the mid $7 mark like forever?
    I mean it's one thing to predict a price for the next week or months, but we're talking years.
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.05
Change
0.030(0.43%)
Mkt cap ! $22.89B
Open High Low Value Volume
$7.03 $7.08 $7.03 $63.53M 9.012M

Buyers (Bids)

No. Vol. Price($)
1 1124 $7.04
 

Sellers (Offers)

Price($) Vol. No.
$7.06 16117 6
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.