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$4.60 senex energy limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-33

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philthy35

234 Posts.

42

17/02/21

12:26

Post #: 51073504
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Originally posted by Papabuy: ↑

Sometimes with Good management and foresight\planning etc...companies can have consolidation of shares that ARE BENEFICIAL .

An example : BLS Bluescopesteel they did a 6-1 in 2011 or 2012 and the SP hit 26c in that midday just before the announcement at 40c so the price set was 2.40 and it NEVER TOOK A BACKWARDS STEP after the said date of consolidation.
it slowly climbed to nearly $20 over the years fell to 9 or 10 and now its back up to nearly $18 which is 6 or 7 bags from its low consolidation.

That's just an example and it still has very low debts but unfortunately gives a crappy Divvy.

I've been in SXY for over 6years and I see a very bright future for it and Gas going forward with the Qld & Australian Government's giving their backing!
We also are a PREFERRED TENDERER with the Qld Govt
Plus 30-40years Gas supply reserves!.

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Bsl is a good example of a consolidation going right,they are a behemoth of a company in comparison to sxy ,I was comparing with other penny stocks, just have to wait and see.

SXY Price at posting: 34.5¢ Sentiment: None Disclosure: Held
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