Australian (ASX) Stock Market Forum

STO - Santos Limited

If you bought into Santos in 2004 and kept them, you have gone nowhere.
I bought against my better judgement and when the IMO useless management didn't accept a takeover premium, I sold.
I definitely don't regret it, management keeps telling the shareholders they will do better, but IMO they don't.
Unfortunately one of my never to buy again stocks, I may miss out on a 10bagger, but I wont lose sleep over it.
Let's be honest it doesn't get much better for LNG companies than the last few years.
My two cents worth.
Easily top 5 of my best companies I have owned.

But you got to pick the peaks and buy the lows. I'm not talking about getting it exactly right.
I missed on selling for close to $8 (wanting $8.5) not so long ago. Had I done so and still got the great Divies and bought in again $6.5 I''d think I was the superstar I am not.
 
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