The highest I got fir a trance was 480p let most go at 330p. CRND was my lesson. Luckily topped up there at 0.25p and 0.39p and let some go at 1.5p. there are a lot of interesting cheap filers around at the moment. AFR and XEL and LHD stand out for forward earnings but SQZ has a game change or two now. Also watching TRAP and ARG.
1) Hopelessly underpriced stock suffering a hangover from last year's drilling disappointments (re-rating) 2) CHAR drilling in Namibia in 2 weeks. 3) BP farm in for seismics in Namibia. 4) Columbus development imminent. 5) N Sea drilling prospects. 6) Off coast Ireland drilling prospects. 7) Morocco farm in announcement. 8) Serica ripe for take over? 9) Tax write offs.
These were trading at 90p not so long ago. Much better placed company now in my opinion.
Serica Energy (LON:SQZ) continued its cracking run, pushing another 13% to 36p during early trading. The stock has been in bull mode since the company announced a farm-in agreement with heavy weight BP, and with volumes like this it looks to be showing no signs of slowing down. 40p looks to be the next area of interest for this one
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