I would be shocked and appalled if the board start acquisitions in the upper half of the oil-price cycle again. The lesson from last time – learned at enormous cost in terms of wealth and lost opportunity for all of us – is that the top of the price cycle is for accumulating liquidity. The bottom of the cycle is for poaching over-sold and distressed targets.
If the board stupidly step onto the debt/dilution road again I will be bailing.
Ann: Santos rejects Harbour proposal and terminates discussions, page-114
-
- There are more pages in this discussion • 109 more messages 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
$6.92 |
Change
0.120(1.76%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.89 | $6.97 | $6.88 | $62.55M | 9.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7956 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 52471 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
