STO 0.59% $6.79 santos limited

Why would the board want to sell up when they believe they can...

  1. 594 Posts.
    lightbulb Created with Sketch. 31
    Why would the board want to sell up when they believe they can survive and pull through? If your a long term investor would you sell for 6.88 when in a year you could get 9 or couple years more. Why would a substantial holder sell at a loss just because of short term market movements.


    Instead of thinking as a retail investors, think of a stakeholder. In their position no way you would cash out now if you can survive.
 
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$6.85 $6.86 $6.77 $34.30M 5.047M

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No. Vol. Price($)
2 16991 $6.79
 

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$6.80 60994 2
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Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
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