STO santos limited
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To be brutally honest, I'm a bit confused with what's going on....

  1. AnDy62
    2,735 Posts.
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    05/04/18
    19:52
    Post #: 32253547
    To be brutally honest, I'm a bit confused with what's going on.

    Usually my experience is companies trade very close to the T/O price, i.e. around $6.50.

    As a result, give we are around half way between the prior price of $5 and $6.50 that seems to indicate the market is only pricing in a 50% chance of the T/O being successful and a 0% chance of another suitor coming in with a higher bid.

    I wonder if this is a bit pessimistic, it seems the offer is being seriously entertained? If I'm feeling reckless tomorrow I may buy some more!
    STO Price at posting: $5.85 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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$7.22 		Change
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28430 $7.21
 

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Price($) Vol.
$7.22 70810
Last trade - 14.04pm 01/07/2026 (20 minute delay) ?
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