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SANTOS LIMITED (ASX:STO) - Harbour Energy, page-113 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
STO
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2.63% $7.02 santos limited

Harbour Energy, page-113

  1. pa31
    226 Posts.
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    21/05/18
    11:01
    Post #: 33228319
    Harbour Energy lifts bid for Santos to $14.4b
    The new offer is $US5.21 a share, which is equivalent to $6.95 a share at an exchange rate of US75¢. Harbour said the offer price would be increased to a US dollar amount equivalent to $7 a share if Santos agreed to hedge 30 per cent of oil-linked production in 2020.
    Harbour had made its bid official only last Thursday at $US4.98 a share, a level a number of analysts suggested was about $500 million to $1 billion below the price the Australian oil and gas producer would be willing to accept.

    Say No To Linda.
    pa 31
    STO Price at posting: $6.44 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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