STO 2.63% $7.02 santos limited

The strong price action today on fairly high volume means a...

  1. 1,147 Posts.
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    The strong price action today on fairly high volume means a couple of things to me.
    This is the highest price it has closed at since the bid come in from Harbour and it closed very strongly on today's highest price.

    I believe Harbour will come back and announce to the market that they will be increasing their offer to about $6.75- $6.90 region
    or
    someone else could be buying up to become a substantial holder for a rival bid !!
    Just a hunch I have at the moment based on my observations.
 
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