STO 2.27% $7.00 santos limited

takeover gets approved by the board and it trades at $6.70 and...

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  1. 1,779 Posts.
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    takeover gets approved by the board and it trades at $6.70 and you’re out in days.

    Sto will drift back to around the $5.10 mark where it was before the bid. then you're praying that everything goes right with execution and the price of oil.

    hopefully in the next 18 months you will see $6 again, littleown $7. im sure the 15 cent dividend will make up for that.

    people thinking the takeover not going through is a good outcome are flat out kidding thenselves.

    how to make money 101 .... knock back $2 (share price will be $5 soon enough) in gains in the hope some time in the distant future it will be worth more.
 
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