STX 2.27% 21.5¢ strike energy limited

Ann: Investor Presentation , page-41

  1. pjf
    2,217 Posts.
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    I realise the benefits of having Orica as a share holder. I would be a bit concerned if Orica, or anyone similar, held too many shares as they could influence a deal which may suit them, by including better terms than they already have with STX, but not necessarily be the best deal for the rest of the general share holders.

    I hope that there is no thought of accepting a take over bid by anyone until STX's share price is a lot higher (and I mean a lot higher) than it is now. It would appear that that is also the sentiment of the management, and I certainly hope that it stays that way.
 
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