STO 0.45% $6.72 santos limited

Ann: Second Quarter Activities Report, page-12

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  1. klu
    551 Posts.
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    Firstly, US$5.21 = A$7.02 at today rate of 0.742, never mind the US$5.25 offer.
    Secondly, you completely missed my point. There were people talking about acquisition with some CR. My point was that the board could not do another CR at sub $7 to fund any acquisition. That's all.

    The operation aspects in the QR are all good - increase production with less capex despite of the earthquake, etc. KG has done a good job. Keep good things going and avoid stupid things, such as CR and the zero-cost.
 
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