Ann: Santos rejects Harbour proposal and terminates discussions, page-24

short term pain for very long term gains IMO...

WILL DEFINITELY FALL tomorrow and probably for the next few days... but hey, we have told everyone listening that :

1) we are NOT ready to sell out now for the wrong price

2) we can sit and play along with you and make you increase your bids multiple times BUT that is no guarantee we will bend over

3) COME WITH THE BEST OFFER - an offer that we / shareholder / majority holders cannot refuse

4) Management has BALLS the size of Kangaroo Island to refuse something like this in today's world - where a golden handshake and personal benefits trumps shareholder benefits - THANKS MGMT for showing this

5) We have lived through 5-6 BAD BAD years of low POO and NOW is the worst time to sell out - we will ride it out and hope for a $100 +++ price range and be debt free and more profitable and organically increase the sp to $10 +++ by 2020

I am happy to ride it out... if opportunity comes through, I will pick up more shares... as I said, short term pains for long term gains !!!!