STO 1.36% $7.27 santos limited

STO, OSH or WPL, page-33

  1. 4,720 Posts.
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    I'm with you Speedbird .........

    they tried in Nov for a 750m note issue in Europe .....didn't get away

    they have announced "cut" in capex ......

    now job losses announced in Adelaide

    inc in "inventory" in last accounts (to feed into LNG project) .......

    classic cash squeeze (imho)......

    the only "question" is does any future dilution "remove" the upside if/when oil prices return to "normal levels" and G-LNG gets up and in production ?????????

    rgds
    V_H
 
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