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$7.05 santos limited

Potential capital raising, page-53

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skychief

1,407 Posts.

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14/10/15

20:33

Post #: 16177714
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Originally posted by Pbnewby ↑

I think that the CR window has closed again (hopefully), I also think they still hope to ride this out with the sales coming in from the glng (which was the old plan). Every day one newspaper says they're going to sell something - next day its a CR or 50/50 then next day its only png - I've no idea and it seems I'm in good company - as far as retracing the old low - that would depend on the poo as this will guide the daytraders who've taken profits in the last few days.
Shorters will exploit a lowering poo as its impossible to know at any given time if they're doing the selling until the day after its done - the numbers are building again that's known - bets are building on $3.50,3.60, 3.90, 4.30, 4.40, 4.50 - all the way up.. so we know and the expiry date on these bets is the 29th of this month.

So again the poo will affect sentiment which will guide daytraders and shorters will just keep shorting until the company does something materially to stop it.

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CEO needs to urgently and clearly state whether CR is still on the table, or the sp will melt away again.

STO Price at posting: $5.18 Sentiment: None Disclosure: Not Held
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Last $7.05		Change 0.030(0.43%)		Mkt cap ! $22.89B

Open	High	Low	Value	Volume
$7.03	$7.08	$7.03	$63.53M	9.012M

Buyers (Bids)

No.	Vol.	Price($)
1	1124	$7.04

Sellers (Offers)

Price($)	Vol.	No.
$7.06	16117	6

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No.	Vol.	Price($)
5	31641	7.030
10	38806	7.020
7	99334	7.010
19	101653	7.000
7	11887	6.980

Price($)	Vol.	No.
7.060	14126	4
7.070	94993	13
7.080	91562	5
7.090	65959	6
7.100	34271	15

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