letter to 6000 - received, page-22

Yo Nervous,

So if the YES gets up then the STO share price will get slaughtered with all the new Santos selling out

From 31/10 to 3/11 ESG holders who dont want the Santo will still be able to sell - wont they ?

So many ESGers may want out that the ESG sp may dip below the ratio - cheaper way into Santo

but the arbitrageurs will lift the price I guess

If you dont want Santo just put your ESG on the market at 90c

There is a big whack of shares sitting there at 90c already

Once your ESG is in the Maw of the Santo the ratio is no longer relevant

All those who cross the line into the Camp of the Saints will be exposed to the downdraft of vigorous selling unless a Rabbit without Myxo or Calici is pulled from the hat of the Knox that makes STO look really good post SOA and holds up its sp


Just 90c is all I want


Cheers