At 10.50am Santos will come out of its pre market status and start trading.
I am not sure IF Harbour will place on market bids, mostly likely not, but BIG volumes will trade OUT of STO today.
I am expecting those sale funds to land into buys in SXY.
I drained the bank account this morning, and loaded up on SXY at 40c
..... and NO its wasn't ME that grabbed ALL the 1.5m shares in early trade ..... just some on them
Very unique trading event for Senex will play out ... not just today .. but this whole week , whilst the Santos money looks for a new home. Don't be shocked to see Senex peak this week at 45c IMO
Its a big call .... and a ballsy one ... but hey... its also a real possibility