Refugees will flood across from STO over the next few days, as the Bid for STO rises closer to $6.50 .
Its expressing some reservation hanging around only $6 on market today.
I do worry about FIRB approval BUT more relevant to Senex are the Valuation metrics of the assets that warranted the Bid price of $6.50
Once those metrics are calculated into the valuation of Senex assets by the Instos .... that need a new home for their STO cash proceeds, then the waters will be full of homeless Instos looking to pay for a spot on the Senex LNG Raft. I am still anticipating a higher close towards the end of the week above the 41.5c we are seeing today. Why Sell !!!
All Aboard !!!!