The "White Elephant" and the "Giant Lemon" - I like your lingo
Hopefully the next step is to sell the giant white lemon elephant to a bigger player like Shell
Too much for the Santos and even more so for the ORG.
The new management is not acting strategically enough
The shareholders and Instos and superfunds will only help out a bit
until their patience is exhausted
Sell it all to Shell, then they can rule Gladstone
and Santos gets rid of the millstone around its neck
Ann: Santos Institutional Placement and SPP, page-11
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