SXY 0.00% $4.60 senex energy limited

Thanks pac, This is a very good synopsis. This is terribly...

  1. tui
    6,105 Posts.
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    Thanks pac,
    This is a very good synopsis. This is terribly important and well done to Ian Davies for putting it out there.

    I saw an audio video on depicting some of the Lock Your Gate activists. These guys think they are invincible  and are fueled by by 'Jones' type media hysteria.  The Aussie Government has seen this coming for 6 years and has back peddled every time. Well it is time now to get real.

    Australia is short on gas and the Government ( States  i.e VIC and NSW  ) are to blame.

    I really applaud Ian Davies for standing up and telling it as it is.

    I sometimes wonder what will give SXY and Energy stocks a lift. And then I re read a book on boom bust in the oil industry. There was a chapter about Global investment. Oil was an important part but it has shrunk. No one seems to want to invest in oil.  The Banks just don't like it. And nor does the public.

    I think I will buy more and await the dividend in 4 years. That will shake the market up.
 
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