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Welcome to our blog – a place to discuss and exchange thoughts and ideas about iX-7 Asset Management SA, the stock markets and all matters relating to wealth management.
With the aim to raise cash, ENG is expected to sell its US-based gas exploration which is required given the worsening conditions in the local market.
While most of the bad news is in the market, aka dividend cut (50 % lower), plus the potential exit of the next generation hydrogen project, any up-tick, aka good news, could make the share price recuperate much of the lost ground. While the short-term opportunity is relatively risky, the longer-term opportunity remains valid at this point of time.
Knowledge is power.
