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Should I participate in the Santos SPP offer?

Shareholders can participate in the Share Purchase Plan offer by applying for up to $15,000 of shares in Santos without incurring brokerage or other transaction costs. The SPP follows a $1.04 billion placement completed on 15 December 2016 and is due to close on Tuesday, 31 January, 2017. There is a discussion on the ASA Forum between members on whether or not to take up the offer.

 

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