Sasol: gearing brought under control
- South Africa
- Gearing, Leverage, Rights Offer, Sasol
- February 22, 2021
Sasol. The one that got away for many. It partially got away for me. After a massive effort from management to cut costs and sell off assets, aided by a stronger oil price and generally better economic circumstances, Sasol confirmed today that it will not need to tap shareholders for more money in a rights issue. A rights issue is …
View Post