STO 0.59% $6.79 santos limited

Takeover bid coming from Linda cook?, page-132

  1. 2,481 Posts.
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    Well they diluted your capital well over 100% since you bought in at $7.75. So the market cap would be around $29 billion at $14 a share.... Thats higher than Woodside's market cap by a few billion. I dont see that happening personally. POO would need to be $100.

    STO have raised a lot of capital at $12.50 to fund GLNG (we got burnt hard on this by putting $100s of thousands in it). $3.90 and $3.85 or whatever it was. Cant remember. Many would be happy with $6-$7 if a TO was to occur. I cant see $7 at current POO.
 
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