Ann: Santos rejects Harbour proposal and terminates discussions, page-172

So oil is headed south again. Realistically if management has stuffed the call again on oil in how many years do you think it will be before we see div’s returned and we hit $6? Reality is this will trade with a $4 handle before it trades with a $6. People saying management have done the right thing are dead set kidding themselves. A bird in the hand is worth two in the bush. It’s just the most bizarre attitude to knock back 30-40 percent on your holding in the hope that years down the track you may get that money back, littleown be in front. Dumb, dumb, dumb!