Member Info for Flabby

Hello that’s me!! Was good for a while but share price totally reliant on the basket price hopefully things will turn but may average down as well

Sirmark with his ramping and minute by minute L2 commentary? Or doesn't his account work when the share price is going down?

Wow

Hope so Hairy

Bit of a nightmare really for me. Thought i had found a company that was well run and profitable but it seems they are mining products no one wants or is willing to pay a decent price for. i have now lost more than half of my investment and may as well stay as i would have thought the bottom must be cash value!

If the market doesn't value the product you are selling at what point do you just stop selling it?

i am not sure what the answer is here as we appear to have a product that isn't valued properly. We can wait until the price goes up again but what are the chances of that. Commodity prices are cyclical but is that the case here?

Another 12 month low so good luck with your huge position

A new 12 month low so not sure i see anything to be particularly positive about.

The only LTHs left are those like me who are underwater and can't bear to sell at such a loss. Others may be here because they bought recently as they see potential but when i need over 100% from here just to break even its all pretty depressing from my point of view.

And no i will not be averaging down as i don't honestly think the share price will significantly improve (unless there is a step change outside of anything we know about right now).

Perfect example of how to erode shareholder value

Being taken out wouldn’t be a bad option put us all out of our misery

Why did the price rise to the 60s only a matter of days ago on nothing when this was all the news the company had? Whole thing stinks and am sick of the "jam tomorrow" promises which i have heard for over two years now

Goes up and goes right back down again

So Serica spend X millions seeking to extract 9m barrels of oil from an end of life field only for the govt to tax Serica 75% of any profits they make in doing so.

Not Serica's fault but that is a demonstration of the idiocy of the windfall tax and i am not sure if i were Serica i would be risking the investment only to give HMG 75% of any profit.

We have a promise and expectation of news. It’s all very well posting a YouTube video but the market expects news to be released through formal channels. News is overdue and the market doesn’t like delays so the fall isn’t unexpected unfortunately will continue to fall until news as that’s how it works

Another billion new shares? This company is a joke run for the benefit of its board and a few hangers on only No share value here and a lesson in the traps for investing in AIM

This share has been diluted to death. My maths may be poor but how many shares make 1p?

We seem a long way away from 32p even though commodity prices are higher than they were then and there is demand. It doesn't auger well for the SP or the SP in any other oil and gas company that at a time of high prices and demand the prices are drifting down. Whether oil and gas is no longer investable i don't know but it sure makes it difficult to justify any new investments even if i remain reluctant to sell what holdings i have when they are all well off their highs

Ha ha ha!!! Credibility ? Mosman lost all credibility years ago joke of a company directors have been awarded for failure for years

So where did the Conservatives get 25% from?!! And then labour just demand more anyway and are likely to demand more even if it is increased to 35% and a total of 75%. The press refer to a WFT of 25% etc but conveniently forget that the Oil and gas companies already pay an enhanced rate of tax. But i am glad i am not the only one who can't believe where we are at. And of course shell and BP are held up as having made outrageous profits but no one wants to understand they won't be paying much extra tax as the vast majority of their profits are made overseas.
If the govt did want to save money/balance the books there are so many other ways they could do it other than clobber NS oil and gas producers, cancel HS2 is one. But they take the easy option as it has least resistance. The whole thing makes me want to vomit

Thanks Infor.