STO 4.96% $7.47 santos limited

Ann: Revised Harbour Energy proposal, page-34

  1. 2,903 Posts.
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    Scheme of arrangement - cant see a majority of holders voting for it

    Was US$4.98 now US$5.21 - not much of a rise

    If it stays on the table long enough for the A$ to fall to US$0.50 then
    at A$10.42 it would get up

    Who knows what the A$ I going to do
    If the US raises rates and the RBA doesn't it will fall

    I doubt the FIRB will approve it
    Politicians in SA love the Santos
    Turnbull , the best labor Prime Minister ever, would want to keep it in his knapsack for
    Energy security, affordability, reliability and whatever other buzzwords dribble from both sides
 
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