Ann: Santos announces sustainable dividend policy, page-8

As most of us here have been thinking, dividends are to be reinstated and as soon as August this year !!
That is a sign of the strength of STO and for the company to make this announcement and also mention possible further special dividends, to me it sounds like they are currently making a truck load of money. I cant wait to see the results coming up soon.
Big broking firms and analysts also love big companies that pay dividends, so look out for a re rating of STO shortly.
A $7 share price is not out of the question in the next 6 months which would make the STO recent take over offer a distant memory !

I did mention in other posts that I thought something positive would be coming out of STO due to the recent rise in share price, and this is just the start of it I believe.... good luck to all of us that hold.