STO 0.63% $7.91 santos limited

Volume dropping off a little last few days.Once BHP and WPL go x...

  1. 432 Posts.
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    Volume dropping off a little last few days.
    Once BHP and WPL go x we will see some movement.
    Of course the big investors want the huge dividends and Franking Credits being paid by WPL / BHP
    These payouts are worth fortunes to the instos, they wont let that money go, they have held for too long.
    Once they have pocketed their rewards the market will be awash with funds to pick up bargains.
    Logic would indicate much of that money will find it's way to Blue Chips with massive upside potential.
    STO would be in their sights for certain.
    In saying that , much more nonsense coming from the Chinese The Russians , and any other leftie you want to mention could send the entire market into a tail spin.
    Rough times for Capitalist's right now.



 
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