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
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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 |