SXY
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0.00% $4.60 senex energy limited

Scale is more important in Oil then it is in Gas. You need scale...

  1. Adsaus
    186 Posts.
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    02/08/21
    13:31
    Post #: 54962272
    Scale is more important in Oil then it is in Gas. You need scale to make uneconomic Oil wells to be marginally economic to run.

    Can't see Senex board approving a take over offer unless its at a significant premium, which means it would have to be on market. Then good luck with that.
    SXY Price at posting: $3.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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