STO 1.89% $5.19 santos limited

Potential capital raising

  1. 36 Posts.
    lightbulb Created with Sketch. 4
    There's a little bit of chatter over on the WPL thread that STO may have to raise capital once their assets are rewritten. With oil demand increasing and supply still decreasing I assume the risk of assets being rewritten to a substantially lower price is diminishing. What are everyone's thoughts about this?
    Huge jump in oil contracts over night, should be a nice opening next week.
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