STO 1.16% $6.84 santos limited

Ann: Santos rejects Harbour proposal and terminates discussions, page-177

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  1. 4,993 Posts.
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    My avge price used to be higher than the TO price but I was loading up when the SP crashed - it was a gift like the GFC again. Avge is now in the 4's. I'm happy with the takeover rejection. I'd prefer to let it sit and collect divi's in my SMSF

    I dare say those unhappy with the rejection are the ones that bought hoping to sell for the TO premium. These people probably sold hence the SP is so much lower, lets not forget the drop in POO at the same time as the rejection
 
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