STO 2.63% $7.02 santos limited

Ann: Santos update regarding ENN, page-9

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  1. 242 Posts.
    lightbulb Created with Sketch. 33
    "Santos continues to advise that its shareholders take no action in relation to the Harbour proposal at this time. "

    Can they legally say this? What if the deal falls through and share price falls back to ~$5.50. Then a shareholder should have taken a sell action.
 
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