STO 0.73% $6.79 santos limited

Santos seeks $1.5b in damages, page-9

  1. 1,130 Posts.
    lightbulb Created with Sketch. 51
    dude - no where near as smashed as the other oilers...

    look at beach, awe.....they have almost reached YEARLY rock bottom!

    i see this as a nod of confidence from mr market, not a tick of disapproval.

    when the flog off the remaining non-core - how much debt burden will be left?!

    DYOR - but im buying more...wont get this $3'XX opportunity for much longer....mid to high $4 medium and yes, ill stick with it, $8 long term. When debt no longer constrains our cashflow, divis will rise exponentially - look at the cost of the 5 identified core assets, much lower than the current group total (and falling), so when debt is wiped through non core sales, it will be a cashcow at much lower POO levels....with much lower debt constraint...

    ticks all my boxes....long term for me.
 
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