Its being reported that the Sceptor offer is likely to be increased to $7.50 a share..
.....The Santos board publicly rejected the $6.88-a-share offer from Scepter Partners, which claims to represent individuals with a net worth of $US100 billion ($139 billion), without even informing the fund first....
....Bernstein analyst Neil Beveridge said Scepter, which has connections to the Brunei royal family, is likely to sweeten its offer by about 10 per cent to about $7.50 a share, which "could be enough" to capture the company. He said the approach was "the start of a negotiation".....
http://www.smh.com.au/business/ener...ver-proosal-from-scepter-20151021-gkfby0.html
Just my opinion but I think anyone selling now even at these levels might be in for a shock - remember when this ran from just under $4 to around $6 in a matter of days the other week..
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Last
$6.92 |
Change
0.040(0.58%) |
Mkt cap ! $22.47B |
Open | High | Low | Value | Volume |
$6.92 | $6.93 | $6.84 | $41.01M | 5.946M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 25681 | $6.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.92 | 50135 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 25681 | 6.900 |
3 | 48461 | 6.890 |
4 | 62572 | 6.880 |
8 | 89137 | 6.870 |
4 | 53735 | 6.860 |
Price($) | Vol. | No. |
---|---|---|
6.920 | 49402 | 5 |
6.930 | 45495 | 2 |
6.940 | 54488 | 5 |
6.950 | 15766 | 5 |
6.960 | 5406 | 1 |
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