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You got 100% wrong Info
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1) Debt -> As on Dec-Santos Debt was $6.3 Billion. Since then they received 520 Million Cash for Asset Sales (Attached). So now Debt is around $5.8 ot $5.7 Billion. That is Penuts for a company whose revenue is $4.5 Billion a years.
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2.) Iran Extra Oil Capacity Propaganda is not worth selling. India and China Oil Consumption will grow far greater than Iranian extra capacity.
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3) Saudi-Kuwait Khafji Oil Field were shut down due to ME War & disputes. In middle east one thing sure: They Never Agree on Anything. WHO WILL PAY CASH TO RESTART -> Neither Saudi nor Kuwaiti have any Cash.
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Santos value, will oil producers agree to freeze out put?, page-2
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Last
$7.68 |
Change
-0.010(0.13%) |
Mkt cap ! $24.94B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.78 | $7.67 | $58.69M | 7.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18648 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 18584 | 2 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |