STO 2.21% $6.64 santos limited

It's time to spin the dividend wheel, page-21

  1. 423 Posts.
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    Yep I agree Mkr, who gets the benefit because of the leak. I’m still convinced that Habour are (or were) legitimate buyers with some big hitters behind them but the public release of their initial offer has definitely not helped their cause. It has benefited shareholders of course, especially the new buyers who were buying at multi year lows, but also long termers who have seen their investment improve to levels closer to their buyin prices. Would a big holder been privy to some shareprice moving news and released it for their own benefit ? Maybe, but my guess is that there would be quite a few benefits for the dog itself if the news leaked from that direction. Anyway at the end of the day none of that may matter. Oil still looks like it has further to run and STO should go with it which could bring us a $6 sp. The $5 something offer may get left in our dust. Just thinking out aloud. DYOR
    Regards Tommy
 
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