Have to agree with you, cannot see one other oil/gas company on the ASX that could make a bid at the present time. Only hope is another Asian company. Once again we see yet another great Australian oil/gas company going for a bargain basement price(last ones AWE,ROC) . Who can we blame for this situation?Well it has to come down to stupid Australian investors on the ASX who for years have not give fair value to Australian oil/gas stocks. Asian companies must think what a load of mugs.
SXY Price at posting:
$4.56 Sentiment: Hold Disclosure: Held
