STO 2.63% $7.02 santos limited

$50-60 New Normal or U.S Shale Bubble?, page-798

  1. 3,607 Posts.
    lightbulb Created with Sketch. 80
    probably a "few more" than your santos stake ......

    I concur re a bit early ........but anyhoo - it has been a profitable investment, albeit higher risk (in terms of if the OP had sunk back to prev lows)......

    the offer is basically making the stock a long-dated call over the OP (imho) ......

    if china inc roll into take-overCo (again, likely imho), it does suggest that the mechanism for realisation of value (for Harbour) is either trade sale / relist in 3-5 yrs time ........which is interesting......

    if you find something with "no risk" - let me know (lolz)...that is all we do - trade risk for return .......

    stock is arguably a spec-buy at these levels - 10% rtn over 3 months or so ........

    rgds
    V_H
 
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