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SANTOS LIMITED (ASX:STO) - Harbour Energy, page-72 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
STO
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2.63% $7.02 santos limited

Harbour Energy, page-72

  1. findinggems
    997 Posts.
    lightbulb Created with Sketch. 157
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    11/04/18
    22:42
    Post #: 32391886
    I have some STO holdings which I bought before oil prices started crashing down. My basis back then was that STO was more of an LNG company than an oil company. Yes, I know that LNG price is linked to oil price ... if only LNG price is de-linked from oil price, then maybe STO SP would not not have declined so much back then ( but who knows, STO had huge debt back then ).

    In any case, my question is:

    If the bid by Harbour is successful, does this mean STO will be taken off the ASX and will become a private unlisted company ???

    If so, what happens to STO holders who do not sell their shares prior to STO becoming a private unlisted entity ? How do we "sell" them after ?
    Last edited by findinggems: 11/04/18
    STO Price at posting: $5.97 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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