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Santos has very high leverage and may get further credit down...

  1. Thompsjz69
    1,583 Posts.
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    12/01/15
    22:55
    Post #: 14573098
    Santos has very high leverage and may get further credit down grades which would lead to higher debt costs and may lead to asset sales at in opportune times where those assets would be sold at fire sale prices.
    Santos is somewhat exposed atm, hence all the cost cutting to get their financials in order. With any luck GLNG will provide soe decent cash flows to get the balance sheet back in order.
    OSH Price at posting: $7.30 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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