Serica Energy Share Price (SQZ)

The market has done phenomenally well today. All my holdings are up with the exception of SQZ (once again) which frustratingly is my biggest single holding.

It seems management needs to work harder to convince the market that SQZ is a sound investment.

Shares in Treasury do not receive dividends

"WTF is happening with the share price again today?"

I could have wrote that ad verbatim. To have returned to sub 180p after our results - where this years fortunes were laid out and due cognisance taken of Norwegian asset, I am a trifle flummoxed. Share buyback should have placed a floor under our sp, which now seems to be 180p not 200p, never mind back to 250p!! Perhaps my own reluctance to add more under 180p is where the market is to.

Perhaps they should have bought ECO like myself at 9p - back in Namibia !! If BP can hold shares in Serica, why don't we take positions ??????????

They also able to give these to the new CEO when it arrives by as a lovely golden hello

Maybe the answer is to offload uk assets to purchase Norwegian ones . Rather than an equity raise against little britains land assets