STO 1.17% $6.93 santos limited

Ann: Fourth Quarter Report, page-17

  1. 71 Posts.
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    Smaller dividend yield means there's more cash put in the business. Yes this hasn't been realised in the share price but I think it certainly helps the WDS merger and any other capital management ideas they announce at the half year results. A takeover of STO will only happen if it stays in Aus (SA gov owns shares) - the WDS merger seems the best way forward.
 
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