I would be shocked and appalled if the board start acquisitions in the upper half of the oil-price cycle again. The lesson from last time – learned at enormous cost in terms of wealth and lost opportunity for all of us – is that the top of the price cycle is for accumulating liquidity. The bottom of the cycle is for poaching over-sold and distressed targets.
If the board stupidly step onto the debt/dilution road again I will be bailing.
Ann: Santos rejects Harbour proposal and terminates discussions, page-114
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Last
$8.02 |
Change
0.020(0.25%) |
Mkt cap ! $26.04B | |||
| Open | High | Low | Value | Volume |
| $7.95 | $8.03 | $7.95 | $72.35M | 9.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11377 | $8.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 299409 | 10 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |