STO santos limited
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Not sure if they need to sweat anything. All they would do is...

  1. Nightmarez3k
    3,936 Posts.
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    12/04/18
    07:45
    Post #: 32394604
    Not sure if they need to sweat anything.

    All they would do is ride the price increases. Minimise capex.

    Then sell the dream of growth in increasing price environment and growth opportunities in $100 barrel oil price environment.

    This is what the Saudis are doing. Same trick.

    So it their ipo followed the saudis it will be well received.
    STO Price at posting: $5.97 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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