STO 0.00% $7.94 santos limited

Ann: Santos completes Institutional Entitlement Offer, page-36

  1. 712 Posts.
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    Congratulations to the management ! Well done for the millions you get in salaries. And shareholders seem happy to keep paying, considering that CR was taken up ... I see quite few years of severe losses for STO business and the share price. To build up such a huge debt is just mad. And here is the price to pay for that madness ...

    Call me crazy but I would not be surprised if administrators knock at their doors ... but there seems to be some takeover interest in STO (sic ???) so who knows ... may be not. Now how does the current STO price ~ $4.50 compare to Scepter Partners offer of $6.88 from Oct 2015 ? Well done management !
    Last edited by ozbecool: 12/11/15
 
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