This is good news.
We may get a few Fully Franked payments in our accounts before BS steals our Franking Credits !
Marks a good turnaround story for Santos, a bit of pain for longer term gain.
Plus the Santos Board fended off a cheap takeover that would have benefitted from all our recent hard work and abstinence.
I attended a specialist Broker seminar a few years ago where the 3 best medium to long term plays on the ASX were discussed. To my surprise one of these was Santos linked to the growth / profitability of LNG exports in the next few years. Wil be interesting to see if this does eventuate. Do your own research.
News: STO Australia's Santos set to resume paying dividend earlier than expected, page-3
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