The only winners are lifestyle bods and the clever pi's who day trade. Never become a LTH and most importantly never fall in love with a share like TPT, Eileen, etc have.
Well the last £800K raised all went on bods wages when it was supposed to have been on a compressor to increase gas output, expect more of the same until money runs out, as I said I would be surprised if the company is still trading at the end of the year.
What surprises me the most is that the company is still trading, I guess the directors feel that they can squeeze just a bit more cash out of pi's before it finally pops, my prediction of delist before the end of the year is still on.
"serenity assets which we understand to be worth multiples of the current share price" until it's pumped out of the ground it is worthless and that's exactly why the sp is falling because they're in desperate need of finance.
Don't worry we've all been there holding on too long, if it makes you feel any better I once had a £600K paper profit dwindle down to nothing, you just have to accept it and move on.
It's been a closed period for the last 3 years, basically it's directors talk for we don't want to waste our hard earned money in this company, the bod aren't stupid.