Why doesn’t Santos buy CVN out, page-2

I think that's the case (getting 'screwed'). Ultimately suspect it'll be cheaper for STO to prioritise other development projects during which time CVN will slowly wilt as it has & buy it out when it's clear development will take place when it suits STO and nobody else. The attractiveness of the asset will be diminished with STO controlling anything & everything here. I originally thought the Taiwanese got a good deal but the more I think about it I suspect they'll also become the patsies waiting as CVN has. Others will he hesitant to bid for a minority asset essentially stranded by STO. It's 'cheap' now but I think it's priced according to development risk with respect to timelines. Snookered here. This was a personal investment mistake. Lesson learnt.