When momentum is on your side, the only reason I would sell is for a quick few trades, as Santos has now started going a touch side ways, and for someone with say 20,000 plus sares, a 5c back and forth is a tidy profit over the cause of a few weeks.
Other than to get back in a bit lower than your sell price, as it currently stands, I can't see why else one would sell, oh and of course shorters closing out.
Will Santos ever recover?, page-181
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Last
$7.47 |
Change
-0.390(4.96%) |
Mkt cap ! $24.55B | |||
| Open | High | Low | Value | Volume |
| $7.66 | $7.66 | $7.45 | $43.49M | 5.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 96501 | $7.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 2421 | 1 |
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| Last trade - 15.59pm 05/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |