“The bitter experience of Arrium taught me how vulnerable debt makes you.”
Couldn’t agree more . . .
Arrium went into administration with 2 billion dollars in debt. Santos now has nearly double that! The board has been selling “non-core” assets and paying down debt as a priority- just to go into more debt for another swag of non-core assets in WA.
“The bitter experience of Arrium taught me how vulnerable debt...
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Last
$6.61 |
Change
0.020(0.30%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.60 | $6.61 | $6.56 | $42.07M | 6.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64277 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.61 | 276788 | 11 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
