STO 0.50% $7.95 santos limited

possible consolidation, page-31

  1. asf
    9,887 Posts.
    thermionic, at least STO is replying to what is being said. MCC, that I hold, bought some piece of thing for $35m, and it was said in the media, that the thing was only worth $19m. MCC never responded, and the share price tanked. MCC is also doing a capital raising. The market price is now 17% less than I paid- and MCC was a market darling. Santos has probably done itself a favour by putting out some positive media about the sale.

    Good luck, all.
 
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