Hopes that Santos will join PNGX

MARKET capitalisation of the PNG Stock Exchange will drop by 30% if Oil Search leaves the bourse due to a possible Santos merger, says PNGX chairman David Lawrence.

Hopes that Santos will join PNGX Hopes that Santos will join PNGX Hopes that Santos will join PNGX Hopes that Santos will join PNGX Hopes that Santos will join PNGX

David Lawrence

The PNG Securities Commission says the current size of the PNG stock market is about K120 billion, with 13 listed companies.