Not good18 Jan 2014 15:13
Really disappointed with smdr, thought this would make me some serious dosh last year. Sold all my IAE at about 120p and put it in here at around 200p for the drilling campaign. Thought the impressive production numbers would underpin the SP in the event of disappointing results.
Averaged down since then, but my 146 bep still looks a long way off in today's market. Can remember when CHAR, FOGL DES etc had this size of market cap based on nothing but a bit of seismics.
I know it will turn eventually but I hate having dead money in a share.