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SANTOS LIMITED (ASX:STO) - STO, page-38 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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Al99

1,190 Posts.

88

11/05/18

11:43

Post #: 33033058
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Originally posted by Mkr ↑

"bid itself up anymore"

Not sure about that.... the management they have in Linda Cook and the recent CFO hire (ex head of petroleum at BHP) means they can execute.... they have serious money behind them, just not publicly known

Expand

I would be confident in saying that Harbour are not the only game in town.

STO have equity in 3 producing LNG facilities with long life reserves and resources behind them. I just cannot see this being a one horse race.

If Harbour don’t come back with a knockout bid, I am sure there will be others who will enter the fray, especially after the DD is completed. Big oil have a low cost of capital and have been know in the past to use it well.

GLTAH.

AL

STO Price at posting: $6.25 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last $7.02		Change 0.180(2.63%)		Mkt cap ! $23.02B

Open	High	Low	Value	Volume
$6.94	$7.03	$6.91	$81.59M	11.66M

Buyers (Bids)

No.	Vol.	Price($)
3	125302	$7.01

Sellers (Offers)

Price($)	Vol.	No.
$7.02	766	1

View Market Depth

No.	Vol.	Price($)
4	129176	6.920
6	233123	6.910
9	295156	6.900
11	303505	6.890
4	129828	6.880

Price($)	Vol.	No.
6.940	107742	9
6.950	424616	27
6.960	247191	13
6.970	73167	4
6.980	17507	1

Last trade - 16.10pm 30/09/2024 (20 minute delay)

STO (ASX) Chart