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Santos Ltd T.STO


Primary Symbol: STOSF

Energy Oil & Gas Integrated
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 Ltd > Surge at the end...
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Comment by nijinsky70on Sep 24, 2012 8:05pm
105 Views
Post# 20408923

RE: Surge at the end...

RE: Surge at the end...

This is one stock that I own but it's an enigma.  The shares are very tightly controlled and us small retails have a hard time selling 2,000 shares.  I tried once and it took me one whole morning and I finally gave up.  On the other hand someone can just scoop up 200,000 shares the moment you blink.  This stock is strictly an insiders' game.  That's the reason why I stopped adding to my position because I don't know what's going on.

 

The only thing that keeps me in this stock is the heavy insider buys since June until about a week ago 7/17.  As I'm still in the money on this stock, and it's an insider play, I can afford to wait for the end game. 

 

Does anyone feel the same way I do about STO?

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