SXY 0.00% $4.60 senex energy limited

Next Tuesday fast approaching. Even though it is a little hard...

  1. 1,197 Posts.
    lightbulb Created with Sketch. 57
    Next Tuesday fast approaching. Even though it is a little hard to follow the below, It is imperative that all SH vote. I had already voted ages ago AGAINST and especially as they state OIL will remain high for the next 2 yrs and the upper end value was $4.92 before this Oil increase. I notice a substantial SH notice. I was hoping BPT would lodge a bid. I did email them but got no reply back (which could be a good thing)

    The Scheme needs to be approved by the requisite majorities of
    Senex Shareholders at the Scheme Meeting, which is:
    • at least 75% of the total number of votes cast on the Scheme
    Resolution (in person or by proxy, corporate representative or
    attorney), where each Senex Share carries one vote; and
    • a majority in number (more than 50%) of Senex Shareholders
    present and voting (in person or by proxy, corporate
    representative or attorney), where each Senex Shareholder
    counts as one vot
 
watchlist Created with Sketch. Add SXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.