STO 1.49% $6.82 santos limited

skychief - you could build a house for 2 million, but if it's...

  1. 2,949 Posts.
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    skychief - you could build a house for 2 million, but if it's only worth 200k to the market then the 2 million is irrelevant, other than what debt you are in. Simply, GLNG value is not the cost, but what the market values it as. Having said that, the STO oil price assumptions for the write-down only saw oil hit $70 in 2022....
 
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