SXY 0.00% $4.60 senex energy limited

This is my overview of the current investment situation.The...

  1. 423 Posts.
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    This is my overview of the current investment situation.
    The medium term for investment is dicey, esp from US prospective. Too much debt and no foreseeable growth after the election.

    In Australia the world is still quite different, thanks to our approximity to Asia where the future growth is expected, as long as China relationship is not deteriorating further.

    Australia is a $1.8 trillion economy and assuming we lost 30% GDP in this crisis at worst, the new economy stimulating package of just over $700 billions will cover all of it with few hundred billion excess to maintain the momentum (if the Government really prints all these money as promised).

    with the strong focus on Gas by this government and we have well over 20 yrs reserve and yearly gigantic cash flow, we will grow big and definitely on the dinner plates by some interested parties.

    so, be greedy when people is fearful definitely means well in SXY
    Last edited by slingz: 12/10/20
 
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