STO 0.45% $6.72 santos limited

Ann: Santos rejects Harbour proposal and terminates discussions, page-114

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  1. 1,908 Posts.
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    I would be shocked and appalled if the board start acquisitions in the upper half of the oil-price cycle again. The lesson from last time – learned at enormous cost in terms of wealth and lost opportunity for all of us – is that the top of the price cycle is for accumulating liquidity. The bottom of the cycle is for poaching over-sold and distressed targets.

    If the board stupidly step onto the debt/dilution road again I will be bailing.
 
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$6.72
Change
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No. Vol. Price($)
6 104139 $6.72
 

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Price($) Vol. No.
$6.73 10465 2
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