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Santos Ord Shs T.STO


Primary Symbol: STOSF

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.


OTCPK:STOSF - Post by User

Comment by bakken13on Dec 11, 2012 8:54pm
163 Views
Post# 20716457

RE: How's this calculated, anyone?

RE: How's this calculated, anyone?

It is a fictitious amount based on the hope that BNE's share price would go up because they raised the dividend.

I have never seen something like that used to make a poor offer look appealing.

If STO presents this "superior" offer to their shareholders, I sure hope the shareholders tell them to take a leap.

STO is far better off on their own.

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