Neither, I don't have a position.
The $40/bbl is for GLNG not all of STO's production.
Going on the last financial statements they needed $60 to break even.
So you do the math for STO to make a profit.
Its all there & they need more than USD50 to break even when GLNG is in full production & they need $60 now when its not.
So nothing misleading, there are just too many people on here giving false hope.
They need higher oil prices, simple as that.
The buyers just keep on coming, page-51
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Last
$7.94 |
Change
0.000(0.00%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67051 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 2000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |