STO 1.16% $6.84 santos limited

Could test $2.48 previous bottom soon, page-11

  1. 4,724 Posts.
    lightbulb Created with Sketch. 226
    oh dear........

    the company is in trouble because of the strategy the Board put in place about 4-5 yrs ago .........the FEDERAL Govt has responded to STO strategy of using 3rd party supplies to feed their LNG project with a simple law .......

    its debt is NOT in south Australia (see OSH announc when the project finance facility was done for PNG-LNG), also see the STO announc regarding the debt facilities for G-LNG .......see also the corp bonds issued by STO-Finance ................

    its always easier to blame someone else - rather than look at the real reasons as to why ........

    rgds
    V_H
 
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