STO 0.58% $6.92 santos limited

Ann: Santos rejects Harbour proposal and terminates discussions, page-176

  1. 186 Posts.
    People happy with managements decision probably have a higher average entry price than the T/O offer, and do not want to realize the loss. I also do not understand having a long position and jumping for joy with a decision that sends the stock lower. It would need to rise 22% just to be square at where it should have been.
 
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