STO 2.10% $7.30 santos limited

... make good on their call that "Santos is worthless"....

  1. 19,033 Posts.
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    ... make good on their call that "Santos is worthless".

    http://www.abc.net.au/news/2015-01-07/santos-shares-worthless-at-current-oil-prices/6004398

    Dont worry, all your superannuation savings are going to a good home on the balance sheet of a tier-one overseas financial!

    Shorting (orange bars) exploding to unprecedented levels.  This is happening market wide as ASIC and the ASX have turned the public markets in Australia into an algo casino of pure programmed trade manipulation which facilitates the 'asset stripping' of Australian superannuation savings.  The obsequious political class in Australia keep bending to the will of foreign financial psychopaths merely for photo opportunities and a chance to stick their own noses in the trough.

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