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$6.79 santos limited

Takeover bid coming from Linda cook?, page-67

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pear

4,015 Posts.

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16/11/17

12:35

Post #: 28850303
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Originally posted by db76 ↑

The Santos announcement today :

"On 14 August 2017 Santos received a confidential, non-binding conditional and indicative proposal from Harbour Energy to acquire all the shares in Santos by way of a scheme of arrangement. The indicative price was AUD$4.55 per share. The Board rejected the approach on the basis that the indicative price was inadequate and the sources of funds were uncertain.
Santos receives a range of proposals from time to time and is at all times in compliance with its continuous disclosure obligations."

Why didn't we the shareholders know about earlier than now?
"continuous disclosure" -- what does it mean ?
The board knew about it 3 months ago
Would they have told us if not for the media speculation?

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hi DB 76

Originally posted by db76 ↑

Why didn't we the shareholders know about earlier than now?
"continuous disclosure" -- what does it mean ?
The board knew about it 3 months ago
Would they have told us if not for the media speculation?

Expand

Exactly. How do these Directors get away with it?

Pear

STO Price at posting: $4.89 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last $6.79		Change -0.040(0.59%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
$6.85	$6.86	$6.77	$34.22M	5.035M

Buyers (Bids)

No.	Vol.	Price($)
2	16991	$6.79

Sellers (Offers)

Price($)	Vol.	No.
$6.80	104270	4

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

Last trade - 16.10pm 05/11/2024 (20 minute delay)

STO (ASX) Chart