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$4.60 senex energy limited

Ann: Ceasing to be a substantial holder, page-6

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Seanf80

58 Posts.

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28/01/22

14:06

Post #: 59192863
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Originally posted by Gwaihir: ↑

First Sentier doing a lot of selling on the 20th Jan, which would indicate that they don't see much chance of another bid being offered.

The longer it goes on, the more it's looking like a done deal, no-one else seems to want to take on the POSCO + Gina alliance, who will probably then turn around and produce blue hydrogen, and then also sell gas to Europe, as well as Korea - and subsequently make a Motza, and probably pay for the takeover within a year.

I wonder if we will get a 5 cent dividend prior to the takeover, I hope so, and at least it's something.

Gw

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It indicates First Sentier see better places to put their money now the upside here is limited to only the dividend. They likely want more oil and gas exposure in other names.

SXY Price at posting: $4.58 Sentiment: Buy Disclosure: Held
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