Well said Pbnewby
I have a query on agony though and potential blocking stake.
A) I read in the newspaper that Hony cannot sell its stake without Santos approval. Therefore, would a takeover be unlikely?
B) Also, would a takeover be more unlikely after 3 months time, where it can accumulate up to 10% of shares?
C) Therefore, if a predator is interested in STO, a hostile bid is more likely, and it will be sooner rather than later- as it would be more difficult later
Appreciate others thoughts on A) to C) above
Mr P
$3.85 a share entitlement offer ??, page-55
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$7.58 |
Change
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Mkt cap ! $24.68B | |||
| Open | High | Low | Value | Volume |
| $7.66 | $7.66 | $7.57 | $10.58M | 1.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 15469 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.58 | 33466 | 26 |
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