SXY 0.00% $4.60 senex energy limited

takeover target likely short term

  1. 2,693 Posts.
    there was only one reason why davies tried to steal awe and that was too increase market cap to thwart a takeover from santos or similar. anyone who follows the east coast gas saga knows that there will be gas shortages on the east coast once gladstone lng is up and running. davies has now made sxy even more vunerable to be taken out short term and his plan has backfired. suitors will be much more eager to get sxy now before he tries another take over attempt somewhere else. senex is a growth story in oil currently and a future major producer in gas. if someone takes sxy out for say 1.20 then imo they will be getting the gas for free and davies knows this but he has stuffed it up imo. shorters trying to play this one will be torched.
 
watchlist Created with Sketch. Add SXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.