SXY 0.00% $4.60 senex energy limited

SXY Chart, page-295

  1. 1,668 Posts.
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    True CEO,
    I think Senex is getting some blow back from Beach given Beach (if successful in the Origin assets) needs to do a cap raising (a big one) to fund that purchase.
    That article mention Beach current SP is seen as already fully priced, so on a peer to peer pricing Senex is under pressure. What could change the pricing dynamics is success in Silver Star un-con drill. Then some value could be place on that Resource.
    They'd have to be half way along the 1,500m Lateral by now, so even pre fracking we need to be on the lookout for early gas shows.
    With no news Senex is being pushed around and played with on a day to day.
    POO held up nicely overnight on confirmed draw data, given the rout in the DOW.
    Senex should be higher than its current 29.5c , and should spring up on some NEWS....
    Anybody got some current incites into Silver Star ???
 
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