STO 0.37% $6.82 santos limited

Will Santos ever recover?, page-255

  1. 12,929 Posts.
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    Stayed well clear of GNC but was an investor in Alinta and have no value in my holding any more just some issuer sponsored scrip and Alinta seem to be a retailer in Australia but are yet owned by the P.R.C. and are buying Yallourn off AGL.

    Most developed countries do not allow trading if a company is insolvent.

    Do not get it. My scrip has got to be worth more than nothing but in Australia you never own anything until the money is in the bank or the bank is behind the asset you own.
    Last edited by JCoure: 04/04/18
 
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