STO 1.49% $6.82 santos limited

IMHO Great Australian Asset. Curtis Island only, what, 2 -3...

  1. 54 Posts.
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    IMHO Great Australian Asset. Curtis Island only, what, 2 -3 years old! Let alone the wells, pipeline network and exploration developing every day. Why give this away. ALL the metrics running the shareholders way. Reducing debt significantly. Underpinning Australian energy requirements. QLD, NSW, SA & VIC as well as significant exports.

    Too many years in development to take the cash and run. STO been around since the 1950-60s. Just hitting its straps. Has another 100 years to run.

    I understand that directors should engage with Harbour. But directors should sit still and not even blink. Like, what a turnaround in just 10 months. SP was $3.02 on 28/06/2017. Thanks Harbour for the bids. Just restoring proper value. Lots of hurdles in the bid yet. I'm not inclined to accept. Minority ownership will still be appealing to me. Just stating my own strongly felt personal opinion. DYOR. BLTA.
 
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