STO 0.00% $7.94 santos limited

The buyers just keep on coming, page-41

  1. 4,506 Posts.
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    I'm not saying they will, but there is plenty of speculation in the market they might after the recent Woodside bid for OSH. I don't know how much they would get for the assets you refer to, but it sounds a bit rich to me. The issue is they will still be losing money, so I don't see confidence restored until they start making money.
    In regards debt reduction I think they need to halve it at least, so I think they need to raise $4-5Bln
 
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