Q: Surge Energy and Payfare: 5i can you comment on whether these stocks are a Buy, Sell, or Hold at this time. Thanks very much. Cheers, Chris
5i Research Answer:
PAY's risk has clearly increased. With the company initiating a review, we would see it as a high risk short term hold for now, to see if anything comes from the review. SGY we would consider buyable as a small cap energy company, for those looking for sector exposure with income, and with the timeframe to await a sector recovery.