Speculator,
These gas deals will be the making of a much bigger SXY. It is their focus to supply the East Coast with 'high' priced gas. You don't enter in a $250 million dollar deal with a couple of Aussie heavyweights just to supply a few molecules.
The AWE foray broke down because of bad communications. It was a pity because SXY knew they were undervalued. It was not a 'desperate attempt ' to get out of the Cooper as one poster claimed. SXY lined them up because they were undervalued. At least they got that right.
AWE were $1.20 at the time. Now they are at $1.80.
I have held since they were 12 cents and will be holding for at least the next two years when their real potential will be realised.
Senex is a growth company.
.
SXY Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
