STO 0.00% $7.94 santos limited

Ann: Santos completes Institutional Entitlement Offer, page-48

  1. 186 Posts.
    Well if we accepted the offer we would have received 6.88 a share, now if I sell my shares I will receive 4.3, and to not get diluted I have to fork out 3.85 per entitlement, so its not comparing it to Scepters offer, its am I better off, because management says this CR is what will be better for me. By my calculations management was not truthful to me as a shareholder
 
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