Business
60/40 may be a better split for Santos/Oil Search: analysts – The Australian Financial Review
As the dust settles on all the drama at Oil Search, analysts have turned their attention to how much its shareholders should…
On our valuation, the indicative ratio should be closer to 60% Santos and 40% Oil Search shareholders.
That implies a A$4.5/share valuation for Oil Search given Santos is currently trading near A$6.5/share.
The analysts numbers come as Oil Search and Santos…
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