STO 0.00% $7.94 santos limited

Ann: Dividend/Distribution - STO, page-17

  1. 230 Posts.
    lightbulb Created with Sketch. 41
    I gotta say, I was in the higher divvy camp

    it pains me to say this but I think I see what KG and co are doing

    pay less divvy as there’s no franking and buy back shares instead (not bad idea while sp lagging)
    debt reduced and funds available for big end projects

    this is a long term play to establish the company as a genuine o and g player

    what do they say - build it and they will come

    cheers
    rc888
 
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