The magic of this, is that Santos are doing all the hard work, and our valuation is rising in tandem, which means that either we get taken over for a large premium over our increasing mc, or say in 12 months from here, we raise some capital at over $1.00 say, which is a minimal dilution raising... !! That is a recipe to keep our registry tight.
Santos are pumping our tyres. Feeding our horse. And it costs us nothing.
Ann: Response to ASX Price Query, page-17
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