You can't believe everything you read but most STO S/H would know the recent article,where a group of Fund Managers have sent the CEO of Santos a letter informing Gallagher ( six weeks ago approx with the Share price approx $8.00) that the company is worth 35% in a strategic asset breakup and feel it's in the best interests of S/H with it's history of underachieving and modest dividend.
Has Gallagher a fiduciary obligation to achieve Capital gains for S/H near to short term ( after $100 Oil recently ) not long term with the Blue Sky pitch .I have been looking at a long position here and interested in whether Gallagher is right and stay the course or split Santos up and create Shareholder wealth in 2024.
You can't believe everything you read but most STO S/H would...
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Last
$7.30 |
Change
0.150(2.10%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $7.23 | $7.33 | $7.19 | $92.93M | 12.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8869 | $7.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 47838 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |