STO 0.15% $6.79 santos limited

Under $3,40 now what, page-13

  1. 3,804 Posts.
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    obviously.

    but its not utterly useless. absolute debt must be serviced esp in a rising rates enviro. Ours is heading south, so your ratios no longer apply (historic). We all operate in the same sector, albeit upstream vs down and diversified so a quick flick of the debt loads helps, esp when comparing to share price perf. No logic that both have hit record highs while we've crashed a MASSIVE 25%, while all other variables are constant, like POO. ORG has ~9bn net debt (4 times our load?! is selling assets etc but share price hits $8!!)....wow...point is, we shouldnt be overly punished by our debt because mr mkt doesnt seem to care about the others nor does it care that ours is being paid down...

    what dont we know...
 
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