STO 0.72% $6.98 santos limited

a very salient post. agree barracudaking. my view overall is...

  1. 9,811 Posts.
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    a very salient post. agree barracudaking.

    my view overall is that - while sto is a buy on valuation basis - I think it has no resistance left against on overall market capitulation.

    after so much volatility most large scale holders will sell a stock like this first and ask questions later - in the face of an overall falling market

    so my view is to hold my gunpowder until i see the overall market capitulate and then i will be a buyer.

    while the asx isnt overvalued - the US markets are - and it will be the falls there that i think will drive thew lows here.

    just about to enter quarterly earnings season in US - if the flat earnings growth outlook being projected for them comes to pass - stocks there will take a hit.
 
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Last
$6.98
Change
0.050(0.72%)
Mkt cap ! $22.66B
Open High Low Value Volume
$7.04 $7.09 $6.98 $56.29M 8.036M

Buyers (Bids)

No. Vol. Price($)
1 19356 $6.98
 

Sellers (Offers)

Price($) Vol. No.
$7.01 39795 4
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
STO (ASX) Chart
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