Speaking of timing, it would be interesting if Santos had another go at exercising their ICN options.
On the initial share price surge a few months ago in May, they tried to exercise but "irregularities in the transfer documents" saw that rejected.
If Santos try again now that the ICN share price seems to be strengthening again (along with the sector bullishness from the Conoco/Origin/BG saga) that could see ICN surge higher.
Speculating of course, as we don't know if Santos is interested in paying virtually triple the amount of that initial attempted conversion.
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