SXY senex energy limited

Takeovers for growth, page-9

  1. 1,711 Posts.
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    Corporate - DLS are more advanced in drilling and testing their permits (less upside). SXY have their Northern permits to work on...along with another big question...what are the CSG assets worth....once BG start drilling those. I guess I am saying there is more potential upside in SXY. and further to my post...I said we would know more about the value of these by December. If these assets don't perform then .50c for SXY would become fair value. However should they perform SXY should have a a break up or asset sale value in the 90's or low $1 mark. IMO
    Finally I feel DLS is worth more than the $1.475 it is today, but as a general comment DLS has less upside to SXY in the medium term. Just my opinion.
 
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Currently unlisted public company.

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