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Bullboard - Stock Discussion Forum Scorpio Tankers Inc STNG

Energy Oil & Gas Midstream
Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113... see more

NYSE:STNG - Post Discussion

Scorpio Tankers Inc > Good start this morning at 25
View:
Post by Robizounskin on Mar 08, 2021 7:54am

Good start this morning at 25

We should be at 35-40 shortly I believe (hope), GLTA
Comment by ArkanesValor on Mar 08, 2021 9:42am
You think it will (almost) double shortly?  Based on what?  How long is shortly?
Comment by Robizounskin on Mar 08, 2021 10:08am
Well Arkanes a large chunk of Stinger value is TUD shares that they have, guess what will happen to Stinger shares after TUD announce their initial resources.  In addition to that Stinger will have to release the 2021 exploration plan very soon.  Those 2 thing should kick Stinger north.   
Comment by CharlieWaffles on Mar 08, 2021 10:16am
TUD Shares and Cash = 7.2M Current MCAP is 10.3M so all their properties will cost you a whopping 3.1M. Does that sound like a reasonable offer.....?
Comment by ArkanesValor on Mar 08, 2021 10:20am
I agree it should kick it north.  Just not 100% shortly. You could be right but it would be an exception rather than the rule (the 100% jump I mean)
Comment by fairdinkem on Mar 08, 2021 2:37pm
Share apprecieation,, with apprecieation coming to our nieghborhood real soon,,, STNG.  But for those of us that are getting a bit yancy,,,,,ahhhhhh not soon enough!
Scorpio Tankers Inc
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