Harbour is disappointed in the Santos Board’s decision to reject a fully funded offer with a compelling premium from an established, credible acquirer. There was insufficient engagement with Santos on valuation, no meaningful attempt by Santos to discuss a realistic price which could be supported by any reasonable set of technical and commercial assumptions, and an unwillingness by their Board to explore means of closing the gap between the Offer and their expectations.
if this was true that means the board didnt act in s/h interest?
Harbour Energy Statement - They have not gone away as yet, page-10
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Last
$6.92 |
Change
-0.100(1.42%) |
Mkt cap ! $22.47B | |||
| Open | High | Low | Value | Volume |
| $7.01 | $7.02 | $6.89 | $38.98M | 5.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 40697 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 1000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |