But is $8.66 a lowball price? Given the current macro esp for LNG and considering huge debt level of company, I reckon STO should accept. Will SP get close to 8.66 anytime soon? I doubt it unless another TO comes along. Holders should ask themselves what is realistic likelihood of that happening?
Your 100% right DSD - $8.66 sounds good to me and I cannot fault your reasons behind that call
Santos should accept offer of $6.88, page-7
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Last
$7.47 |
Change
-0.390(4.96%) |
Mkt cap ! $24.26B | |||
| Open | High | Low | Value | Volume |
| $7.66 | $7.66 | $7.45 | $67.51M | 8.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3144 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 18958 | 2 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |