absolutely agree with you GQ - i think all SXY is doing with their CSG assets is working persistently to de-risk them. that is the name of the game - de-risk the asset, then onsell where appropriate. funds from the CSG assets can then be utilised to better advantage, by leveraging their C/B assets. far more upside for SXY in C/B than in CSG assets. and of course, SXY has a "natural" buyer of the Qld CSG assets in BG. so in time, I am sure we will see a rationalisation of the CSG assets. cheers
SXY Price at posting:
70.7¢ Sentiment: None Disclosure: Held