AT least the Santos takeover bid from Abu Dhabi caused one 52 week high to be hit in the case of DOW if not quite doing it for Santos.
But much of Santos is down to Downer Group as is Australia’s Defense as Downer is their number 1 contractor for onshore processing facilities for its oil and gas production.
Heck, they may not have an ASX or even a country if Downer Group did not prop up Australia’s Defense force.
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