STO 0.65% $7.75 santos limited

maybe they are just stating the obvious-capex to get the...

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    maybe they are just stating the obvious-capex to get the necessary gas to make GLNG a reasonable return on capital invested,is looking more than a little dubious.at 25/1 PE,i think investors are getting a little nervous about the projected EPS growth.that said,maybe sto strategy for the timing of the announcement,is probably that with all the other bad news,not too many punters would take notice.with the takeover bid theory,it"s obvious they are desperate for cheap gas,but it might be a little bit too apparent a ploy to actually succeed.
    cheers crazypunter
 
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