|Bid||11.00 x 800|
|Ask||11.01 x 2200|
|Day's range||10.93 - 11.45|
|52-week range||1.25 - 18.72|
|Beta (5Y monthly)||2.44|
|PE ratio (TTM)||10.53|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Mar 2019|
|1y target est||12.40|
Sasol shareholders are referred to the Company's Stock Exchange News Service announcement dated 24 November 2020, in relation to the divestment of its 50% interest in the Gemini high-density polyethylene joint ventures to INEOS Gemini HDPE LLC (the "Divestment").
Sasol is pleased to announce that a Sale Securities Purchase Agreement has been signed with Azura Power Limited for the divestment of the Company's full shareholding in CTRG, the gas-to-power plant located in Ressano Garcia, Mozambique.
Shares of Sasol (NYSE: SSL) had surged more than 11% by 1:45 p.m. EST on Tuesday. Fueling the energy and chemical company's stock was the sale of its stake in Gemini HDPE. Sasol's North American chemicals subsidiary has agreed to sell its 50% membership interest in Gemini HPDE to INEOS, a leading global chemical producer.