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$6.79 santos limited

Takeover bid coming from Linda cook?, page-66

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bweerniedeed

539 Posts.

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16/11/17

12:25

Post #: 28849832
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Originally posted by Mkr ↑

A consortium of powerful global energy investors, led by a former executive director of Royal Dutch Shell, Linda Cook, is said to have recently approached the Santos board with an invitation to support a scheme takeover of the battle-scarred pioneer of Australian domestic and export gas sector.
The indicative pricing of a pitch that is expected to be ready to re-present to Santos within weeks is circa $5.30 a share, which would represent a 21 per cent premium to Wednesday's closing price of $4.38, but a more modest 11 per cent over the recently achieved year high of $4.78.
That said, given the offer arrives with acceptable certainty and some potential for further discussion over a more appropriate control premium, there remains much to discuss, given that the indicative pricing would represent an 85 per cent hike on the year low of $2.87.

Read more: http://www.copyright link/business/11b-us-play-for-santos-20171115-gzm139#ixzz4yY9Hpcft
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I would suggest Harbour might have tipped off the media so Santos could not keep thus offer from the public gaze.

STO Price at posting: $4.91 Sentiment: Buy Disclosure: Held
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Last $6.79		Change 0.000(0.00%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	5442	$7.15

Sellers (Offers)

Price($)	Vol.	No.
$6.46	432	1

View Market Depth

No.	Vol.	Price($)
4	129176	6.920
6	233123	6.910
9	295156	6.900
11	303505	6.890
4	129828	6.880

Price($)	Vol.	No.
6.940	107742	9
6.950	424616	27
6.960	247191	13
6.970	73167	4
6.980	17507	1

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