The South African energy company's investor relations department
Mike Tisdall operates investor relations at the very sharp end. Sasol is a profitable high technology business with, until recently, almost no debt. However it is South African, which means that it is often stigmatized as an emerging market company by international investors, while the Johannesburg Stock Exchange (JSE) graces it with a somewhat-less-than-dot-com P/E ratio of eight. It does not help that the rand, South Africa's currency, despite exchange controls, has been steadily sinking
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