the santos source in the papers on the weekend said they're in talks to sell a portion of the 13.5% PNG share. Selling 3.5% would give them around $1.7bn. Then they could sell another 2.3bn in assets making the total $4bn.
This would reduce debt significantly and the share price would be back around $6 easy.
the santos source in the papers on the weekend said they're in...
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$7.22 |
Change
-0.140(1.90%) |
Mkt cap ! $23.49B | |||
| Open | High | Low | Value | Volume |
| $7.28 | $7.29 | $7.21 | $10.23M | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 26155 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 34948 | 43 |
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