SXY 1.59% $3.10 senex energy limited

Ann: Senex and GLNG amend WSGP gas sales arrangements, page-3

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  1. 1,159 Posts.
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    Pac,  I think .... off to the moon .... is a bit of an exaggeration !!!

    Senex (as at today) is a $652m market cap company. That's a LOT for a business that has yet to make a profit !!!!!

    AND are unlikely to until 2020.

    Its even hard to calculate IF they are even worth their market cap , given we have NO projections to go on AND we can't even truely value QSGP properly as we do NOT have flow rates to establish IRR on the capex. 

    EVERYTHING is at the spruike of ID (at present) and UNTIL the market get disclosed facts you will see the SP drift about .IMO... and I'm NOT buying back in until i get the information ALL investors deserve !!!

 
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