I take the view that the current discount to Santos’ takeover offer shows investors are viewing Santos with a healthy does of scepticism after its recent history of disappointments.
If the company can deliver above these expectations for its coming half year results and full year guidance, there is a chance the company’s share price will increase towards the board’s view.
How true is the above comments?
STO Price at posting:
$5.99 Sentiment: Buy Disclosure: Held