STO 1.49% $6.82 santos limited

Yes, I completely agree. The ultimate proof is that when the...

  1. 735 Posts.
    lightbulb Created with Sketch. 241
    Yes, I completely agree. The ultimate proof is that when the market heard about the takeover it DID have an immediate material effect on the share price. That's the point of continual disclosure, to inform the market of anything that would reasonably be expected to have a material affect on the share price. They didn't, and now the cat is out of the bag anyway, but not because they disclosed it. And it has transpired that the takeover offer was serious after all and about the start a bidding war imo. They were well within their rights in August to reject the bid, but they should have informed the market all the same.
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$6.82
Change
0.100(1.49%)
Mkt cap ! $23.02B
Open High Low Value Volume
$6.72 $6.84 $6.71 $42.88M 6.307M

Buyers (Bids)

No. Vol. Price($)
1 13309 $6.82
 

Sellers (Offers)

Price($) Vol. No.
$6.83 58478 6
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.