STO 4.17% $8.00 santos limited

Can Santos survive oil at $30 barrel, page-26

  1. 1,481 Posts.
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    Rise in Aussie dollar last two nights not helping Santos. If AUD was 75 cents you bet it would have fired up.

    7.5 bil debt - more than market cap. Rights issue a possibility. Possibly 2 for 1 @ 6.50. Needs to be fully underwritten.
 
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