Yes but Santos has so much debt the market thinks management are dummies for rejecting this offer as it is likely to fall over now hence the retreat in share price with short term traders taking profit and shorters licking their wounds this morning.
Santos should accept offer of $6.88, page-10
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 (20min delay)
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Last
$6.83 |
Change
-0.090(1.30%) |
Mkt cap ! $22.27B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.89 | $6.82 | $13.94M | 2.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 105542 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 13864 | 19 |
View Market Depth
| Last trade - 13.05pm 11/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |