$3.85 a share entitlement offer ??, page-55

  1. 855 Posts.
    lightbulb Created with Sketch. 167
    Well said Pbnewby

    I have a query on agony though and potential blocking stake.

    A) I read in the newspaper that Hony cannot sell its stake without Santos approval. Therefore, would a takeover be unlikely?

    B) Also, would a takeover be more unlikely after 3 months time, where it can accumulate up to 10% of shares?

    C) Therefore, if a predator is interested in STO, a hostile bid is more likely, and it will be sooner rather than later- as it would be more difficult later

    Appreciate others thoughts on A) to C) above

    Mr P
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$7.71
Change
0.030(0.39%)
Mkt cap ! $25.04B
Open High Low Value Volume
$7.70 $7.73 $7.64 $40.66M 5.285M

Buyers (Bids)

No. Vol. Price($)
1 3000 $7.70
 

Sellers (Offers)

Price($) Vol. No.
$7.73 13102 2
View Market Depth
Last trade - 16.15pm 07/07/2025 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.