This is insane. Australia is just selling off our resource companies that have the rights to our resources. Australia will NOT benefit from the sale of Santos. The major shareholders, giant American funds State Street, Vanguard and Blackrock will be the major winners and the money will just go straight overseas. This is almost as bad as the recent sale of Newcrest gold mining to Newmont, again for a bargain basement price when gold is becoming critical to Country's who all want to get away from the USD.
Australia has lost it's mind and we are just giving away our national wealth. The Australian government are completely incompetent. It has to stop!
News: STO UPDATE 1-Saudi Aramco, ADNOC likely studying bids for Australia's Santos, Bloomberg News..., page-25
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$7.90 |
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Mkt cap ! $25.65B | |||
| Open | High | Low | Value | Volume |
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| 4 | 21461 | $7.89 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.90 | 313239 | 1 |
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