Ann: Senex completes asset portfolio review, page-83

As you can see from the sentiment of some posters on here, most shareholders are content and don't seem to measure performance relative to other opportunity cost on other investments foregone.

In the current equity market, all assets are appreciating. You could get a monkey to pick a stock, and it would go up. Put differently, you have to be extremely unlucky to lose money.

For me, it is not about making a return - I see that as a given in this market. It is about beating the share price performance of other companies that I looked at and passed up to invest in SXY.

I had initially invested in BPT (at 50c, out at 1.20) and SXY (25c, but have kept accumulating up to 41.5), and passed up on COE.

BPT has outperformed my investment in SXY
SXY and COE are now on par

If COE were to overtake SXY (which seems likely, but I am too emotionally attached to sell in the hope that ID actually pulls something out of his hat) then it appears as though I have failed. So I look for the reasons and lessons learnt. And ID had spruiked growth in relation to SXY everywhere. 425 wells via an accelerated project, etc. etc.

The question is then, have we failed as investors in backing in SXY or have we been too gullible in believing what management have spruiked.

If it is the latter, then why should management not be held to account. Why do shareholders not seem to care that other oil and gas assets are over taking us.

Really sad that the only other person asking these questions was @elliot who sold out. The only reason I am still here is I would be gutted if I sold after 3 years and then SXY changed management and achieved monetisation of its assets.

Week 4 tomorrow since the third extended deadline for financial close.

ID thinks his position is untenable. I want to convince AZ otherwise.