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1.96% 5.2¢ central petroleum limited

SANTOS Stage 2 Farm-out . Southern Amadeus, page-2

  1. habcos1
    83 Posts.
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    24/05/18
    17:24
    Post #: 33295395
    I agree , i am normally wrong but i think Santos is in a great position considering they are
    1, paying down debt
    2, on a oil price upswing
    3, have a seemingly capable BOD
    4, are not presently paying dividends.
    Providing the oil price stays at this level or ebbs a little higher and nothing major backfires on them hopefully in 12 months time they will reinstate dividends and have a much stronger balance sheet.
    CTP Price at posting: 18.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.2¢ 		Change
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