STO 0.13% $7.66 santos limited

The big Gap

  1. 121 Posts.
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    Not so long ago I sold out of sto and bought into ORG at the time STO was about $3.20 and it cost me around 47cents to move to ORG now the same move is going to cost you $1.84,thats really amazing.It was just too much for me recently and at $3.47 came back over, not to the the same extent but I really could not resist as even though ORG are better, are they really worth $1.84 more than STO? maybe a dollar but that difference is enormous.We know of the talk about the CR,but if oil goes to $60 maybe they can rise from the ashes.If my memory serves me well aren't they still holding around 13% of OSH worth around 3billion,they havent hedged so the more oil goes up the better they are looking.I just think they are a good dollar under the market at the moment.
 
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