STO 0.63% $7.99 santos limited

Takeover Looming, page-7

  1. sle
    10,738 Posts.
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    1. As I posted on the other thread:
      Not the only one who thinks STO is a t/o target. Gets a fleeting mention in the weekend AFR on page 35 under the heading "The search for expansion is on" by Perry Williams.
      Still think as I've suggested before, any shares gobbled up between 4 to 4.5 are good buying and that is what I've done. T/O offer at 8 to 10 dollars including the debt is really not unreasonable given the assets/potential assets! Look at what WPL are offering for OSH and I expect a higher bid! As usual pdyor.

      P.S. Even if this doesn't eventuate a partial or full sell off or placement should see more positive sentiment towards this stock assuming management don't give it away for a song! Getting rid of the shorters would be good too!
 
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