Dr,
We are the start of a very bullish uptrend in oil. This is our 4th year of trivial E&P Capex. The Industry urgently needs further investment. Oil is tightening and it's getting frightening. I mean every one is starting to hate oil yet its consumption keeps rising. Oil and gas go higher. I read Turnbull's comments on that coal factory today. He cant afford to shut down an aged coal fired station because Australia is acutely short on energy.
In the middle of all this is Senex which just witnessed Santos get a 30% plus lob thrown in. And no one really knows about Senex yet. It is a growth company that will become a Serial Cash Cow.
There are some very hungry sharks out there. They know serious energy shortages are looming and there is international interest coming thick and fast. Senex needs to hold its ground and I am sure they will.
Senex has a vision that is very high. They won't sell out.
The Future is too BRIGHT.
SXY Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held