Thanks DRG, I just watched it, and it is Michael Wayne's top pick in the sector, though he doesn't invest in the sector very often. All the stocks these guys reviewed they seemed conservative on, so I think it's just their nature to be people who mainly look for mid-cap to large-cap stocks returning dividends.
I think the next S&P re-balance could be interesting, and give SXY it's next leg up if it manages to climb into the ASX 200. I think SXY may currently be in the ASX 300. And please correct me if I'm wrong, but I believe the next quarterly re-balance will be in January 2021, and if the stock price is above 40 cents by then it may give Senex a chance to return to the ASX 200 again since 2015, which would be a good result, and open it up to investment from more funds.
And it is strange to see today how GAS effectively made the same announcement as Senex the other day, but GAS is up 20% on the day.
