SXY senex energy limited

there has been a lot of talk over the few years I have been...

  1. 316 Posts.
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    there has been a lot of talk over the few years I have been invested in senex about a future takeover. I struggle to see how with the progress we have made in regards to development, sales contracts etc and an oil price that is now somewhat healthy that our share price can be sitting at a similar level it was at the cap raise way back when.
    to say I’m getting frustrated is an understatement. I am seeing parallels with awe’s price action prior to mitsui’s takeover thereby doubling their stock price in a mater of months. Admittedly the waitsia field is a world class asset but we have proximity to undersupplied markets and almost ready to roll. Am I missing something here?? At this price McDonald’s will be plucking us off the tree to fire their fryers. Beach and santos are quickly refilling their pockets after their big buys so in my opinion, it’s only a mater of time
 
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