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clock Created with Sketch. 14/11/15
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Originally posted by Pbnewby
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Ok Credit Suisse have been the main thorn in Santos's side since they called Santos worthless back in February - they have continued to raise questions about just about everything and the papers have reported it and spread it.
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Pb, you probably have a huge stake in STO, hope this pans out well for you. Have you ever considered that the $4.60 may have been an artificial attempt by some instos to hold up the price? Consider an insto renouncing entitlements only to bid for the shortfall. It doesn't matter if they over pay the price in the shortfall because they get the difference back in the rights they did not take up. Surely, the price of both STOR and STO will be under pressure again on Monday and may present buying opportunities for risk takers to make a tidy profit.
(20min delay)