STO 0.29% $6.84 santos limited

Ann: Santos announces expected non-cash impairment, page-10

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  1. 2,172 Posts.
    lightbulb Created with Sketch. 119
    that is the biggest load of rubbish I have ever heard.

    So lets say you have an asset in the books of $100 and its written down to $50 - are you telling me that you would still pay $100 in cash for that same asset that management believe they would be lucky to get $50 for. Wow listen I have a ten year old BMW i am trying to sell I bought for 70,000 please buy from me for 150,000. Its just some NRMA booklet which says its only worth 45k the asset value truly is 150,000 - honest.

    You are deluded - we understand you in love with Santos but please please there is no need to support your arguement with nonsense.

    You can do better then that I know you can
 
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