takeover gets approved by the board and it trades at $6.70 and you’re out in days.
Sto will drift back to around the $5.10 mark where it was before the bid. then you're praying that everything goes right with execution and the price of oil.
hopefully in the next 18 months you will see $6 again, littleown $7. im sure the 15 cent dividend will make up for that.
people thinking the takeover not going through is a good outcome are flat out kidding thenselves.
how to make money 101 .... knock back $2 (share price will be $5 soon enough) in gains in the hope some time in the distant future it will be worth more.
Ann: Santos rejects Harbour proposal and terminates discussions, page-155
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Last
$7.91 |
Change
0.020(0.25%) |
Mkt cap ! $25.59B | |||
| Open | High | Low | Value | Volume |
| $7.96 | $7.96 | $7.88 | $15.10M | 1.909M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 33090 | $7.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 30917 | 22 |
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| Last trade - 14.07pm 11/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |