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re: Anyone else buy Sasol when it dropped below 2.5?

Posted on 6/2/20 at 5:05 am to
Posted by Capt ST
Hotel California
Member since Aug 2011
13045 posts
Posted on 6/2/20 at 5:05 am to
I didn’t, but coworker got a bunch when it bottomed out. I’ve been steady adding to position. If they can ever get that lake Charles project squared away, stock should continue to rebound.
Posted by ODP
Conroe
Member since Oct 2015
1942 posts
Posted on 6/3/20 at 8:24 am to
New LC units will be up very soon, also demand in SOuth Africa for diesel is sky rocketing as economy reopens. Sasol owns all the coal mines in SA that it uses so break even is pretty low.
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