Santos Ord Shs T.STO

Primary Symbol: STOSF

Energy Oil & Gas E&P

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.

OTCPK:STOSF - Post by User

Santos Ord Shs > Stock Not Moving

<< Previous

Bullboard Posts

Next >>

Comment by nijinsky70on Aug 08, 2012 8:24pm

122 Views

Post# 20196470

RE: Stock Not Moving

In terms of SP, yes you're right. SP has been kind of neutral with not much movements. However, in terms of insider buys that's telling a different story. From mid June to end of July there had been substantial insider buys. It kind of stopped in August, but today one insider bought 50,200 shares. So perhaps things are not as bleak as what us retails think.

This is getting to be like thoroughbred racing, we are watching what the trainer is doing to see if we have a live horse or not. Since he goes to the betting windows so often we just have to assume he knows what he's doing. LOL.