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Stuck between the devil and the deep blue sea

Oil & Gas Producers - 9 December 2020

Sasol is always a popular topic. In “Stuck between the devil and the deep blue sea” Ingham Analytics say that a $2bn rights issue is appearing more likely by the day. This is on top of the $2.8bn in net proceeds from recent asset sales. What are the implications for Sasol shareholders? What is the quantitative effect? The figures may shock you.

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