STO santos limited
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There may be too much resistance for the deal to go through,...

  1. klu
    441 Posts.
    lightbulb Created with Sketch.  10
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    05/04/18
    22:21
    Post #: 32256220
    There may be too much resistance for the deal to go through, because the offer price is approximately half of the SP between 2007 and 2014, never below $10 during the period of 'great depression'. On basis of responses here, there could be a large number of share holders are still underwater.

    So, what's going to happen to the SP if the TO collapse? Frankly, it had reached my $6 target and I sold 2/3 of my holdings.
    STO Price at posting: $5.85 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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