STO 0.92% $7.67 santos limited

will there be a share placement?

  1. 1,296 Posts.
    lightbulb Created with Sketch. 219
    Does anyone have a view whether STO will have another share placement to fund its proposed 2010 capex?

    When the last placment was announced the shares fell from over $17 to around $13.50. I think the current depressed price is partly because the market is anticpating a placment.

    Being nervous about a placement I quit my 10,000 shares in STO this morning. But in my view, STO is a strong buy if there were to be no placement but the price will remain depressed until the issue is clarrified.

    Please do your own research
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.67
Change
0.070(0.92%)
Mkt cap ! $15.97B
Open High Low Value Volume
$7.59 $7.70 $7.53 $29.95M 3.930M

Buyers (Bids)

No. Vol. Price($)
1 262 $7.63
 

Sellers (Offers)

Price($) Vol. No.
$7.69 19238 4
View Market Depth
Last trade - 16.10pm 14/06/2021 (20 minute delay) ?
(live)
Last
$7.67
  Change
0.070 ( 1.03 %)
Open High Low Volume
$7.58 $7.70 $7.53 1083611
Last updated 15.59pm 14/06/2021 (live) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.