Santos raising falls short

Santos announced a series of measures to raise cash, sell assets and lower costs. It's not enough.

The problem was clear enough: Santos had too much debt at a time when lower oil prices contributed to weak revenue. Following a three-month strategic review, the proposed solution is meek and disappointing.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles