STO 0.65% $7.75 santos limited

Santos debt is dragging down the value of the company into...

  1. 5,245 Posts.
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    Santos debt is dragging down the value of the company into negative territory.


    (The report finds that two or three years of oil around these levels would leave Santos below investment grade by 2016 as far as debt ratings agencies are concerned.)

    Which was what I was trying to say in a previous post but it was not allowed.
    Do I need the name Analyst and Credit Suisse beside my name just to make a valid point on here.

    http://www.abc.net.au/news/2015-01-07/santos-shares-worthless-at-current-oil-prices/6004398

    The big question.
    Will Santos operations deliver  enough profit and return on investment justify a large billion dollar capital raising.
    Trying to raise capital in a price war might be difficult.
 
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