I thought I should post the below comparison again of the EV/2P values for the Australian O&G industry. These calculations were done as at 31/3/2018 however Senex has probably lagged the others in share price increases since then, therefore Senex is probably even more undervalued now than back then.
EV/2P analysis was one of the main reasons I bought a large parcel in Senex at sub $0.15 a few years ago and is still why I hold and if anything am looking to buy more.
