STO 1.59% $6.81 santos limited

Traders Versus Holders, page-40

  1. 4,015 Posts.
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    Hi croasian

    I agree with you. I would have voted no irrespective of the offer.

    They did stuff up the offer, but I think they have done us a favour. They did due diligence for how many weeks? And in the end they were still willing to pay $6.80. This is a hedge fund for God's sake. Do you think they were willing to give us $6.80 because they love us? So the fall in today's price does not phase me. How long would we have to wait for our $6.80 any way? Expert's valuation how many weeks? And then documents to be mailed out, how long before a vote? And then FIRB approval. How long?

    But somehow, I don't think this is over just yet.

    Pear
 
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Buyers (Bids)

No. Vol. Price($)
26 24152 $6.81
 

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Price($) Vol. No.
$6.82 41716 35
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