SXY 0.00% $4.60 senex energy limited

Ann: Senex and Alinta Energy sign new gas sales agreement, page-20

  1. 455 Posts.
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    IMO, deciding when to sell is going to be much harder than you think:

    - The company is now harvesting cash - M&A, organic growth and distributions are all likely over the next 2 years
    - Improving macro backdrop will drive oil higher

    A price in the 40's seems ridiculously low when you look to the future from our position today. Note that even 50c is only a market cap of circa 700mn.

    On average an investor might have 2-3 5+ baggers in their investing lives. You are likely sitting on one here.
 
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