SXY
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1.59% $3.10 senex energy limited

Ann: Trading Halt, page-44

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  1. rollacoaster
    1,360 Posts.
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    30/07/18
    21:15
    Post #: 34633302
    That would be strange, if they were doing convertible notes. Which I am thinking is highly highly unlikley.

    I cannot stress enough that it is extremely unlikely there will be any capital dilution elements to the announcement tomorrow. Senex simply doesn't need any more capital.

    Most likely something similar to a $150m+ facility secured against the assets of Senex will be presented tomorrow.
    SXY Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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