STO 0.45% $6.72 santos limited

Hi Pear, This is an excellent post from @tom22 which he posted...

  1. BLJ
    276 Posts.
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    Hi Pear,

    This is an excellent post from @tom22 which he posted over a month ago when the dividend policy was first re-released.  I have just cut and paste from @tom22's post. So not my work but I agree with it.....and i didn't know how to link to the original post......

    Quote....

    2017 full year FCF was 618m so a range of 10% to 30% gives
    10% - 3c
    20% - 6c
    30% - 9c

    this was based on average oil price of $57.8/b

    they say every $10 increase in oil gives another $250 - 300m FCF

    so lets say average $70 oil

    gives roughly 950m FCF 2018

    10% - 4.5c
    20% - 9c
    30% - 13.6c

    all rough calcs
    Last edited by BLJ: 06/08/18
 
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