the santos source in the papers on the weekend said they're in talks to sell a portion of the 13.5% PNG share. Selling 3.5% would give them around $1.7bn. Then they could sell another 2.3bn in assets making the total $4bn.
This would reduce debt significantly and the share price would be back around $6 easy.
Swiss move in for more Aus asset stripping, page-40
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