Letter to the editor

INDEPENDENT analyst Peter Strachan has responded to Wednesday's letter defending Santos after Energy News reported that the oiler would be uninvestable under some banks' oil price forecasts if broker Taylor Collison's latest advice on the takeover target is any guide.

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Looking at the world through rose coloured glasses is not always helpful.

Clients who were well advised would not have held shares in a company whose business model was unstable.

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