I think Woodside would do well out of a STO takeover if they can get them with a share transaction. This would be bad for STO holders because WPL are way overvalued given the oil price. I think a BHP takeover of STO would be a win win because BHP represent fairer value in a stock transaction and have the ability to absorb Santos's fragile balance sheet. BHP have a history of trumping takeover offers/speculation (WMC) but usually do it near the top of the market (WMC, Petrohawk), not the bottom.
I think Woodside would do well out of a STO takeover if they can...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.30 |
Change
0.150(2.10%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $7.23 | $7.33 | $7.19 | $92.93M | 12.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8869 | $7.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 47838 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |