SXY 0.00% $4.60 senex energy limited

Maybe SXY should have doubled the SPP limit

  1. 614 Posts.
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    Here's an interesting thought:

    Maybe SXY should have doubled the SPP cap, issued twice the number of shares, satisfy all the hungry shareholders, which would increase the number of shares outstanding and would let the market cap blow out the ASX200 minimum requirements.
    We're all pumped about their plans and the gas demand, so why not? Sure dilution occurs but demand will far outweigh supply, and raising additional cash now will allow them even more flexibility should they need it. Just a wild idea!!

    I think we'll all be lucky if we get $7.5K from the SPP.

    Long and strong!!
    Last edited by pac5705: 13/02/17
 
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