Equity Analysis /
Australia

AU : Senex Energy - Cessation of coverage

    Adrian Prendergast
    Adrian Prendergast

    Senior Analyst - Mining and Energy

    CGS-CIMB
    25 March 2022
    Published by

    Following the Federal Court of Australia approving the scheme of arrangement under which K-A Energy 1 Pty Ltd, the subsidiary nominated by POSCO INTERNATIONAL Corporation, will acquire 100% of the issued shares in Senex (SXY), we discontinue coverage of the company. Our forecasts, target price and recommendation should no longer be relied upon for investment decisions.