Investors yesterday cheered Sasol’s decision to delay development of its $14 billion (R1611n) gas-to-liquids (GTL) plant in Louisiana in the US amid the falling oil price, which has declined over 50 percent in the last six months. The announcement caused Sasol’s shares to gain as much as 2.7 percent to R427.54. However, Sasol’s share closed 41c down at R416.16. Abdul Davids comments.
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