Ok, so Sentient are out. Why ? ..... its not from bad news from Senex, more likely redeploy of capital.
Means no TO likely in the near term, or they would have held out.
Article say Insto's picked up the stock.
Were they the ones pegging this stock past weeks whilst the deal got done.
I'd be inclined to think the SP should rise naturally now.
At 34.5c we are at the same price levels as 12 months ago, yet oil has risen to 2 year highs, and Senex is now producing meaningful gas flow, circa $20K per day in revenue now from WSGP.
Come on !!!
somebody has been playing with this stock, and today IMO marks the day its shackles have been untied !!!
SXY Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
