Uncertainty will send markets lower every time.With out knowing...

Uncertainty will send markets lower every time.

With out knowing exactly what is recorded in the trans scripts of the court ruling it's difficult for investors to make decision's based on fact.

We simply do not know the facts.

It would be foolish to make investment decision's based on the rot printed by the Australian media.
Australian media outlets will sensationalise a marble game in a school yard to get attention and sales.

If we look beyond the noise we may well find a positive in all of this.

What's changed as far as we know: NOTHING
Santos may have to hand some profits to a group of people. SO WHAT.
If they don't hand x amt of profits to these people they will hand it to the Government in the form of tax. BIG MISTAKE.

We do know this :
Kevin Gallagher approved and authorised the following comment :

Further, Santos will now proceed with applications for all remaining approvals in accordance
with the guidance provided by the Court. (that eliminates the uncertainty , right there )
As a result, Santos does not anticipate any material cost or schedule impact, and first gas
from the Barossa Gas Project remains on track to be delivered in the first half of 2025.

if you believe the above comment made by the management team based on advice received from their lawyers to be true and correct one would think STO is in buy territory.