Santos Ltd Stock Forum

Thanks to the ban on RUSSIAN ALUMINUM going through the COMEX and LME, South 32 (S32) rallied 4.5% and Alumina ( $Alumina Ltd (AWC.AU)$ ) put on 6%.…Elsewhere, I was a little surprised fundies weren’t coming in hard for our OILERS – Woodside ( $Woodside Energy Group Ltd (WDS.AU)$ ) only put on 0.3% and Santos ( $Santos Ltd (STO.AU)$ ) added just 0.9%….Got to say that STO looks more than ready to break out and we could even see WDS return with a better takeover offer.

Our market experienced broad based gains after the very strong lead out of Wall Street….Santos (STO) continues to taunt us as it trades right around a key break out level on the chart. Check it out…. $Santos Ltd (STO.AU)$

Thanks to the ban on RUSSIAN ALUMINUM going through the COMEX and LME, South 32 ( $South32 Ltd (S32.AU)$ ) rallied 4.5% and Alumina ( $Alumina Ltd (AWC.AU)$ ) put on 6%.…Elsewhere, I was a little surprised fundies weren’t coming in hard for our OILERS – Woodside ( $Woodside Energy Group Ltd (WDS.AU)$ ) only put on 0.3% and Santos ( $Santos Ltd (STO.AU)$ ) added just 0.9%….Got to say that STO looks more than ready to break out and we could even see WDS return with a better takeover offer.

Our market had a solid session as investors poured money into resource stocks on the back of stronger commodities.
$Santos Ltd (STO.AU)$ rallied 4%, $BHP Group Ltd (BHP.AU)$ put on 2.5% and  added 3.22%!!!

Investors threw cash at resource stocks, stoked by rising commodity prices.
STO soaring 4% like a rocket, BHP up 2.5% steady as she goes, and NEM climbing 3.22% - talk about a green day! 🚀💰💸 $Santos Ltd (STO.AU)$ $BHP Group Ltd (BHP.AU)$ $Newmont Corp (NEM.AU)$

Bloomberg published an article claiming Saudi Aramco and Abu Dhabi National Oil Co have been separately examining a takeover bid for Santos ( $Santos Ltd (STO.AU)$ )….I think there is Buckley’s chance the government will allow a foreign entity to acquire Santos.

Bloomberg published an article claiming Saudi Aramco and Abu Dhabi National Oil Co have been separately examining a takeover bid for Santos ( $Santos Ltd (STO.AU)$ )….I think there is Buckley’s chance the government will allow a foreign entity to acquire Santos.

Woodside ( $Woodside Energy Group Ltd (WDS.AU)$ ), Santos ( $Santos Ltd (STO.AU)$ ), Beach ( $Beach Energy Ltd (BPT.AU)$ ) and Karoon ( $Karoon Energy Ltd (KAR.AU)$ ) should be banking some solid cash at the moment considering the recent rally in OIL.…All 4 stocks are CHEAP.

July 4th, 2024 - Today, shares of $Santos Ltd (STO.AU)$ jumped over 6% following Bloomberg news that both Saudi Aramco and Abu Dhabi National Oil (Adnoc) are considering bids for the company.
Saudi Aramco and Adnoc are reportedly mulling separate takeover bids for Australian energy giant Santos, this move comes as these state-owned Middle Eastern energy groups look to expand their gas investments outside thei...

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