SXY 1.59% $3.10 senex energy limited

Refugees will flood across from STO over the next few days, as...

  1. 1,159 Posts.
    lightbulb Created with Sketch. 137
    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 !!!!
    Last edited by Elliot5: typo 03/04/18
 
watchlist Created with Sketch. Add SXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.