NXS 4.76% 20.0¢ next science limited

santos smokey...

  1. 6,439 Posts.
    Interested to know if STO are prepared to throw a bit of money at NXS.

    Longtom processed through STO plant.

    Crux to complement STO assets on NW shelf.

    Santos capital raising last week.

    Although I am aware of the reasons STO raised capital, part of the raising was to simply strengthen the balance sheet.

    Just a mad thought that, similar to many strong cashed up oilers, STO could be on the acquisition hunt.

    NXS, or part of it, would fit that bill nicely...

    Cheers
 
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