How is a bid 20% higher than the current share price (which is arguably still disturbed), low ball?
It’s possible STO is worth $7, possible it may get there sometime soon as well. Possible too it is worth a lot less than the current price.
But it is certain that shareholders would have been much better off recycling a higher price from Harbour elsewhere into the market. The Board should have put this to shareholders.
Ann: Santos rejects Harbour proposal and terminates discussions, page-98
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Last
$6.92 |
Change
0.120(1.76%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.89 | $6.97 | $6.88 | $62.55M | 9.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7956 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 52471 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
