STO 1.16% $6.84 santos limited

- "As at 30 June 2018, Santos had cash and cash equivalents of...

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  1. klu
    551 Posts.
    lightbulb Created with Sketch. 40
    - "As at 30 June 2018, Santos had cash and cash equivalents of US$1.5 billion"
    - "will target a range of 10% to 30% payout of free cash flow per annum"
    - "the Board will also consider additional returns to shareholders above the ordinary dividend when business conditions permit"
    - "Santos announced the sale of its non-core Asian assets for US$221 million"

    Connecting the points, I would be happy to have 5 cents as a starter, may have another 10 cents special after the completion of the sale.
 
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