SXY 1.59% $3.10 senex energy limited

Ann: FY18 guidance on a non-recurring gain and impairment, page-13

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  1. 1,360 Posts.
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    Hi tt2000, i would suggest that g12mo is a negative poster.

    I am a risk averse investor (with Senex one of my riskiest investments) and I am equally happy discussing good and bad points of Senex.

    g12mo however constantly posts negatively, and the posts are generally short and lack much substance, I cant remember the last remotelt positive post I have seen about Senex by g12mo.

    This last post by g12mo is a perfect example. In the post he is highly questioning of ID's strategy of borrowing to fund SXY's developments and questions if this is a good tactic to build a gas business. In 100% contrast to this is g12mo's holding in his beloved BPT which is one of the highest leveraged gas stocks on the stock market, a tactic which is has worked well for BPT.

    Applying his logic about Senex taking on debt would mean he would sell his holding in BPT asap.

    As I suggested to g12mo, what is SXY's alternative to debt? Raising dilutive equity?

    I have a small theory that g12mo either hs a chip on his shoulder re SXY or tries to downramp SXY in the hope that BPT picks up SXY for a song.
 
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