STO 0.74% $6.83 santos limited

Ann: Santos responds to media speculation, page-26

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  1. 4,702 Posts.
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    If this were the case, the stock price of STO wouldn't close on such large volume below the key 200 EMA which is the standard for "long term investors". I call lies, to offload more shares. Generally gotta go the opposite sentiment to mainstream and retail.
    I call fabrication but I do like that they have highlighted potential negatives. The merger although confirmed, is all still speculative. Nothing concrete at all IMO.

    Lots of Investor Caution in that list by 3 Financial Institutions.

    To get the deal across ACCC gonna need bribing by divesting assets, which then change the nature of the merger in itself and would need to be re-valuated. it's all alittle SOUR I think. Trappy as

    Big Boys if they don't hold these levels they will sell it down to $6 a share. redface.png

    https://hotcopper.com.au/data/attachments/5804/5804216-1a2b80d5f7446e6c66992701648b3d4c.jpg
 
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