STO 0.38% $7.89 santos limited

Well makes no sense to turn down an offer for 6.88 only to sell...

  1. 186 Posts.
    Well makes no sense to turn down an offer for 6.88 only to sell a chunk for 5.5, unless management only cares about keeping their jobs. Should they do an equity raising it should first be offered to shareholders, or management should be voted out at the next agm.
 
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