STO 0.65% $7.75 santos limited

All, waiting in the wings but still need STO to get down around...

  1. 2,558 Posts.
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    All,

    waiting in the wings but still need STO to get down around or below $4 to be in.

    noted that MS has a target price >$6 but assumptions have to play out including carving out all the cost and the ever bouncing oil price behaving / asset sales (which if you remember the CEO said he would never do) etc etc. On the other hand CS noted in short /med term could be under $4 which as you know I have been waiting for since out earlier in the year. Tooting my own horn here but getting out esarlier and into some other oilers waiting for STO to come down and then switching back may just pay off handsomely

    Its a long haul but if you can wait till a good entry price you might be on a winner. Just depends if youre 20 or 60.

    Oh and I hope at least one of you followed or at least researched my idea of buying TWE at 9.14 a few months back- just saying....

    not to mention shl, bxb, ...... and qan is on way back to $4 so in under 3.50 or below not too bad.
 
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