STO 1.76% $6.92 santos limited

Ann: Santos rejects Harbour proposal and terminates discussions, page-28

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  1. 168 Posts.
    lightbulb Created with Sketch. 14
    Trying to save the cushy jobs is how i see it.

    "...no meaningful attempt by Santos to discuss a realistic price which could be supported by any reasonable set of technical and commercial assumptions, and an unwillingness by their board to explore means of closing the gap between the offer and their expectations."

    Shouldn't this be put forward to shareholders to decide? I am sure many would take a $10 or $12 offer.

    I hope this falls back to $3 and shareholders finally revolt. Too many times this has happened!! Not good enough!
 
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