SXY 0.00% $4.60 senex energy limited

Ann: Senex to retain strong net cash position at end FY15, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,257 Posts.
    that someone could very well be chinese interest...been reading that chinese have been busy taking advantage of low global oil and gas prices to stock up and buy as many oil and gas resources they can get...they have plenty of funds to do that from their huge USD reserves which they want to diversify as well i.e. not hold mainly USD as they have done so far...perfect time for them to go shopping for resources, with USD at a contemporary high and oil/gas at a heavily discounted global market price...so wouldn't be surprised if a take over attempt for sxy comes from that side rather than Australian or US or Europe..China is the joker atm cashed up, taking advantage of the geostrategic political idiocy of the US/EU, and quietly squirreling whatever they can get in present and future energie resources...cheap as chips for them right now but probably not for much longer...anywhichway, great window of opportunity for them...watch this space..
 
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.