ORG is doing a book build for the unsold part of the retail raising, nothing exciting.
Henry Hub gas spot prices are virtually meaningless for us as US gas is effectively a stranded asset, with prices dominated by shale oil volumes (where gas is produced as a by product) and US winter weather driving heating demand.
Asian LNG spot much more meaningful in the longer term, but even it isn't reflective of the current east coast gas market.
SXY Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held