Club Mulgoa

Wednesday, May 15, 2013

SXY

SXY found a new gas field in the middle of Australia.  But when you consider what was found, the share price has not really flown.  In fact, I often topped up because the price fell.

What it uncovered is not bcf but tcf.  That is a large find yet there is a lot of relative apathy.  My most expensive parcel was bought at 73.5c in 2012.  So all except one parcel is underwater.

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