SXY 0.00% $4.60 senex energy limited

Ann: Senex to retain strong net cash position at end FY15, page-23

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  1. 1,676 Posts.
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    Sector Lead,
    Agree it might want to retest that 23.5c level, given the drop in POO on Friday (another 5%) . we need to be mindful there is no history of support and we are in uncharted water.
    Once POO forms a base it will correct hard IMO up to $60 again, and SXY will run up with it, back to possibly just above .40c . I'm watching it closely at present. for people not looking to trade the stock and with a 6 months time frame SXY is a safe entry at anything in the 20's. IMHO
 
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