SXY 0.00% $4.60 senex energy limited

Yes and interesting to note that this latest share price rise...

  1. 121 Posts.
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    Yes and interesting to note that this latest share price rise has happened at the same time as I thought there would be quite a lot of selling pressure with people wanting to sell downtrending stocks (like SXY has been) before the end of the financial year. If it rises like this in that kind of environment I wonder what will happen next week and onwards.

    - US China deal back on the cards.
    - Opec+ meeting to decide if they extend production cuts.
    - Tensions rising in the Middle East.
    - SXY currently in the process of drilling 110 new gas wells.
    - Wholesale gas prices at $10-$12/Gj up from around $3/Gj in 2014.

    SXY presently a pretty good place to have some funds in my view.
 
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Currently unlisted public company.

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