STO 2.24% $7.86 santos limited

Ann: Revised Harbour Energy proposal, page-39

  1. 616 Posts.
    lightbulb Created with Sketch. 89
    Whether to accept an offer from Harbour or not will come down to ones investment horizons.

    Harbour need to make a profit on their investment so can't see this getting much over $7 from them, maybe $7:50. For this investment to be worthwhile for them they will need to get the equivalent value of $10 or so in 3 years IMO.

    If one has a longer time horizon then one could be tempted to decline the Harbour offer and punt on $10 in 3 years. If folks have a short term investment horizon then they could be tempted to take the money.

    Regarding the analysts, they always disappoint me. Would be interested in peoples view of the probability of $10 in 3 years.
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.86
Change
-0.180(2.24%)
Mkt cap ! $25.52B
Open High Low Value Volume
$7.93 $7.94 $7.86 $50.92M 6.465M

Buyers (Bids)

No. Vol. Price($)
6 13931 $7.86
 

Sellers (Offers)

Price($) Vol. No.
$7.89 1000 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.