Australia's largest stock trading and investment forum Australia's #1 stock forum

SXY

Click for more information

0.00%

$4.60 senex energy limited

Who is capping?, page-18

First 18 Last

Share
Profile

Follow
Dools

363 Posts.

25

23/09/20

20:10

Post #: 47579437
Share

Originally posted by Gwaihir: ↑

Thanks DRG, I just watched it, and it is Michael Wayne's top pick in the sector, though he doesn't invest in the sector very often. All the stocks these guys reviewed they seemed conservative on, so I think it's just their nature to be people who mainly look for mid-cap to large-cap stocks returning dividends.

I think the next S&P re-balance could be interesting, and give SXY it's next leg up if it manages to climb into the ASX 200. I think SXY may currently be in the ASX 300. And please correct me if I'm wrong, but I believe the next quarterly re-balance will be in January 2021, and if the stock price is above 40 cents by then it may give Senex a chance to return to the ASX 200 again since 2015, which would be a good result, and open it up to investment from more funds.

And it is strange to see today how GAS effectively made the same announcement as Senex the other day, but GAS is up 20% on the day.

Gw

Expand

current asx index ranking = 382

SXY Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

NWH

NRW Holdings voted Wealth Within's hot stock tip

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

There are more pages in this discussion • 7 more messages in this thread...

First 18 Last

Add SXY (ASX) to my watchlist

SPONSORED BY