SXY
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0.00% $4.60 senex energy limited

Cy838, I hardly think comparing todays prices relative to those...

  1. Seanf80
    58 Posts.
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    08/11/21
    13:34
    Post #: 57397153
    Cy838, I hardly think comparing todays prices relative to those at the depths of the pandemic 18 months says anything.

    Good on the smart investors getting in cheap....but a longer moving average might be a more applicable calculation of fair value rather picking a point in time.

    Don't forget in in 2018 SXY was trading above 50c in the old money (pre 8:1 consolidation), so over $4.


    Last edited by Seanf80: 08/11/21
    SXY Price at posting: $4.58 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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