I have always been very honest with the fact that this share has had a torrid time in the past, buller and terry love to drag it up because they know the deal will result in a very positive share price. Only negative they have left. However, the negatives were ALL driven by one man JE and also in part his other paid directors. That time has past, yes there may be a few parts which could have been better about his departure but the fact he is gone is the main thing. The deal is what is important now. Disco has been spot on today with his valuation. Went over it again to check this evening. 0.78 ish give or take 0.01 either way. Plus the potential which is very important. Christ we couldn't even talk potential for ages. So short term is to get to value plus potential. 0.8p ish medium term and this is the more risky stage is that the potential turns into hard cash. Pipelines and oil in Kansas could and a big could generate around 1-2p. But they are more medium long term possibilities not even targets. Focus on the short term first.
Always found this share to have poor liquidity, but if SSCO6 is saying that the mm's were happy to take shares off him all afternoon, then that surely that is a positive, When I was invested in SER when they were stable and sentiment was still intact @2p + , I always found it difficult to sell, always going to N/T. In other words, liquidity was poor at best. New reasons for optimism here, but many reasons for extra caution also. Don't sell the family jewels to invest but worth a punt. The light at the end of the tunnel shines a little bit brighter. The risk is you lose everything....the reward is multibagger.
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