STO 0.86% $6.90 santos limited

Good lad! I bought yesterday. Study the graph trend and compare...

  1. 500 Posts.
    Good lad! I bought yesterday. Study the graph trend and compare to the ASX 100....it just doesn't look right. Why is STO falling while the rest of the ASX is at it's peak? STO is trading on a PE of 34 yes, but not a good indicator of value in this instance. With oil prices bottoming out, I'm confident we will see an upswing shortly. China may be applying the brakes, but it isn't going to stall their fundamental growth trend, nor put a dampner on their demand for energy or that of Australian industry.
 
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