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$3.10 senex energy limited

Takeover by Beach or Chinese?, page-52

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CEOChair

15,767 Posts.

999

06/07/18

11:29

Post #: 34183920
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Originally posted by Elliot5 ↑

I think EIG would happily swap their script in Senex for STO script, get themselves on the register and creep up slowly and maybe take another swipe at STO in the future. I think that was their plan B all along.
What could scuttle that is STO ..... NOT making a move on SXY .... but SXY is just too good a fit for STO.
STO need more asap. Their Casino project is still there but Politically it on hold and in the hands of public opinion and thus risky for GLNG to rely up.
GLNG have their $20B investment in Gladstone apparently running at 50 - 60% capacity , not ideal for ROI and they are craving much more gas into 19-20 to keep feeding that monster.
IMO ..... IF someone was to make an offer for SXY ... other than STO ..... it would quickly flush out STO to make a counter offer ..... and thats where our '80c comes from. First offer might be 50% up from 43c or 66c, but a counter offer like AWE could bid us up to 80c and above ..... or maybe I'm just dreaming , as i want to cash out and buy some BRU ... before that train leaves the station

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Best idea I’ve heard all day Always need more quality posters in the BRUtherhood

Last edited by CEOChair: 06/07/18

SXY Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
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