COI 2.94% 16.5¢ comet ridge limited

Santos Takeover Target

  1. 1,257 Posts.
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    I think we need a thread to dicuss the possiblity of us being a major takeover target by our partner Santos.

    We should gather information here for new investors. There were rumors before Corona that Santos would take us over but then Corona came along.

    Now we have
    • doubled size of our land for gas exploration in Mahaloo
    • takeover over AGL's interest so we are majority holder
    • have the land around Santos' NSW operations

    My predication is shareprice of 50 cents buy 30 June 2022 and $0.8 inital Santos Takover offer followed by further offer between $1 and $1.2.

 
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