RE: Commodities Super Cycle?2 Dec 2020 14:28
Maverick,
"Come on SQZ, get your act together..." 100% AGREE.
Watched it too, already in KIST on listing, added a few more too, although I can see a pullback at some point.
SQZ are not doing themselves any favours, lack of perceived ambition has resulted in investor fatigue atm. Yes, I know SQZ stated they are busy on that front and have not completed on any deal as the price / deal was not right, but its been over 3 YEARS since the BKR deal .... nada since !!! WHY.
AA stated that he will use the £34m to obtain a producing NS asset in deal worth +£100m Q1 2020 with another even bigger deal to follow late 2020. How can a cash shell company do deals like that, in double quick time while, what appears to be, SQZ are sitting on their hands.
Keep asking myself, why is SQZ's SP so static given all the excellent macro news recently. You see BoT activity usually circa 90% of daily trades, day in day out. What is so special about SQZ that facilitates this kind of SP management, which, btw, SQZ see no issue with. We know SQZ have been watertight in the past ... maybe it's about time we 'accidently leaked' a little good news every now and then !!
SQZ are in danger of totally missing the boat, oil and gas, economies etc are on the up .... so too will be the price of any potential deal.
So this inactivity leads me to think maybe, just maybe SQZ are waiting for the improved macros and R3 to get a much better price for us !
aimo