STO 1.12% $6.80 santos limited

Ann: Santos rejects Harbour proposal and terminates discussions, page-92

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  1. 3,607 Posts.
    lightbulb Created with Sketch. 80
    concur Croas !

    how can they do that ?

    acquire SXY - which habour energy own some shares in (ironic !!) - they would need to find "two" of these companies ....
    merge with ORG (2 for 1 ish) - which would dilute china inc major shareholders ........but would DOUBLE lng production .....I rekon it would be eps positive ......
    spend 3bn++ and start development in Narrabri
    spend >700m pa on exploration / development in both CB (tight gas), and roma shelf (glng)

    or combination thereof ......

    rgds
    Value_Hunter
 
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