JSE Direct with Simon Brown

Podcast: Everything collapsing, even gold

Simon BrownJSE Direct, Latest

Simon Shares Sasol (JSE code: SOL) is now talking a rights issue of some US$2billion, more than the current market cap. They hope to be able to avoid this by selling assets, finding a partner for Lake Charles and cutting costs. But the first two will be near impossible in the current climate, so expect ...