- Jul 11, 2005
How are they going to sell assets in thisSasol said a Rights issue isn't set in stone and is the last step after selling off assets, cost cutting and finding a partner for the Lake Charles project. After doing those three things they will evaluate whether they need to have a rights issue. At that point their market cap should also be much higher.
This is all premature selling. Sasol won't be allowed to fail. Even if your shares are diluted by half you will still make a huge profit imo. Just have to play the long game.
Yes, they will not go under as government will step in. The problem is that shareholder will be whipped out if government step in.... Check African Bank.