Member Info for Mommur

Succinctly put Dick and I must admit that my Dentist is required to repair my ground down teeth over this deal.
Whilst I have voted No, I don't hold out much hope.
A timeline of 18 months is indelibly printed on my mind and in other scenario's a price of 260p would be screaming "Buy" to me, I have left well alone and concentrated on Investment Trust opportunities .
Good to see and hear you are still around. I've been watching with interest JOG but not been tempted.

I think you may be long in the tooth like myself Fool-On-The, when it comes to Serica. June 2009, springs to mind with the Conan drill in the Irish Sea with the share price around 64p, where it rose to around 85p in the next year. Unfortunately after selling the Indonesia Assets, a series of dry holes didn't do the bank balance much good and it took until 2018 to reach these dizzy heights again.
By luck or sound judgement I also bought a large tranche at 4-5p doubling my holding.
Whilst understanding the angst at the moment, I would be more compassionate to Management over times past, as no wrong decisions were made or mistakes - all for the best interest of the Company. BP pulling out of the Namibia licences was certainly painful, but no fault of Serica Management. Erskine in my opinion was a "sorry" from Bp.
Unfortunately after the Mitch Flegg pay rise and 1.5 million free shares that both MF and ACW received for doing their jobs, I am not as optimistic on this Tailwind offer. I should add I voted no, but to disparage taking the share price from 95p to 265p is unfair. You just need to look at what Management did at FPM and PMG to see painful experiences.

BP's longstanding dealmaking boss Lawson leaves for Mercuria

33rd Round attracts 115 bids across 258 blocks or part-blocks.
Be interesting to see if not only Serica but Tailwind have applied as separate entities - or has a slam dunk allowed them to cooperate together??

Ignore last - wrong board. Apols a HUR shareholder too

33rd Round attracts 115 bids across 258 blocks or part-blocks.
Be interesting to see if not only Serica but Tailwind have applied as separate entities - or has a slam dunk allowed them to cooperate together??

Another bunch of Directors, clearly looking for that one deal that makes them. Interesting that their deal today with Orcadian for Crinan and Dandy discoveries, to go with their Finan discovery is around 10km from Triton.
Pondering whilst whilst we wait.

Upomega, whilst I understand you have changed your stance on the forthcoming deal, I tend to follow my own assessment of this particular deal and am in no way a member of the Kistos fan club.
I am resigned to having this deal go through, even though I have voted against.
With regard to Christopher Mills and Harwood, you might include with EKF, Renaltyx and a number of others that have been dismal assets over the last few years. needless to say I hold a significant amount of NAS, OIG and said individual shares.
Not a happy bunny, but hey ho, happy that I piled into i3e with some of my SQZ offloads. Dividends off both so onwards and upwards.

thats my no vote logged on the HL site.

Its still a long way back to 270p for me!! Have added at depressed levels but still down 50%. God news is OIG and NAS have started an upward march as well. GLA.

My mistake not cashing in my shares in IIT when it released the news of the rollover into Monks. I opted for the rollover into Monks, only to see the initial surge in IIT sp dissipate between the start of Oct and new shares on 9th Nov.
Needless to say Monks has tanked from over 1100p on said date to 950p now.
Added a further 1000 shares at this price but nursing an £8k loss now on Monks - never mind the dismal showing of IIT over the preceding 12 months.
Bruising experience but will see what January brings .

Stop it !!

as we are plumbing the sub 700p range again. I expect I am to early but will add as we go. A tad lean in America myself so need to balance my IT portfolio. AUGM and HRI up 9% which I have added this year and PHI in the Baillie Gifford camp holding its own. Pity MNKS is not - added again today sub 950p which seems to be feeling the pain.
GLA - surely Tesla has now taken the hit but who knows.

Whilst hoping Mr & Mrs Hardy and our Institutional Investors, take note of the negativity on these bulletin boards, I feel sure a certain member of the Serica Leadership Team regularly casts his eyes over information portrayed here, even if its to check that sensitive information has not been divulged by employee's or third parties privy to material. The groundswell of opinion will be fed back to ACW and MF but whether that will be a cause for concern is mute as we are small fry.
Spare a thought for Serica Employee's who unlike their Executives have not only participated in the Employee Share Option Scheme but have purchased additional shares over the last year or so. Its still a bitter pill that ACW and MF received 1.5 million shares - free - for doing their job which is amply paid.
I sometimes wonder what PLC stands for when these rewards are voted in "plucked lika chicken??"

Lovely christmas pressie, glad I kept the faith and added in the 20's. I just wish that Serica Energy had bid for i3 Energy instead of Tailwind, if the wanted oil to balance their gas. Now thats not a christmas pressie whats happened there!!
Looking forward to my dividends here. GLA.

Mr & Mrs Hardy, if it helps my 600,000 shares lodged with ii and Hargreaves Lansdown, will be defined as a No vote. Whilst not in your league, I have been a SQZ shareholder since 2009 and did at one stage hold a 0.5% holding.
Surely our Exec did due diligence and can further clarify the situation, as at the moment it has all the signs of a debacle.

Your not on your own surprised, just reeling from yet another electronic loss in 6 figures. Unlike yourself I have decided not to add and will watch with interest. I was always lookinng at a bottom of 250p, so just perhaps our specific gravity will begin to raise us through the water column. GLA.

With Mr Brown and his wife holding 44% of issued share capital, they are obviously holding out and may find they miss the boat completely. I suspect a deal may involve operatorship being relinquished to a company with the purse strings to finance the development . Interesting dilemma but painful for Pi's who backed the idea in the 30's with a now cash strapped company looking for finance in this climate.

In Manager speak parlance, investors should be particularly pleased with a year on year return of 16% to date.
Mesmerising how you can sugar coat things somewhat.

Unfortunately little companies like ORCA with only £300k left in its kitty, look forward to applying for licences in the 33rd round. Not doing to well today with its results