SXY 0.00% $4.60 senex energy limited

Elliot5 You don't think with a comprehensive programme of 45...

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    Elliot5

    You don't think with a comprehensive programme of 45 wells due to be drilled and increase production from existing wells that there is not much upside to DLS. Also considering that it is trading at a P/E of 6 - 7 times.

    Having read the latest presentation from SXY while it looks impressive, it appears on the surface to be just development of what they already have there doesn't seem to be a future projection of what they will do to sustain growth.

    Maybe it's a communication thing or maybe they seem to be content with what they have developed so far.

    One thing for sure the market doesn't like something about what SXY are doing.

    Just wondering??

    Cheers
    BW
 
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Currently unlisted public company.

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