Member Info for realdeal2

397,700 left now

It’s amaz deal “We have achieved this through an earn-out structure which enables both Serica and BP to share the risk and benefit from the future performance of the BKR Assets. For Serica, the transaction is expected to be both cash flow and value accretive. It has been delivered without diluting existing shareholder equity and significantly increases reserves and production per share.

Who ever takes this 400k will make a killing, it very difficult to get that much share at this price, I’m maxed out

I think 62p about to go

Don’t forget how many years it would take to have all that infrastructure in place delivering thousands of barrels

I think we can all agree this is totally undervalued, we got a seller at 62p once that goes it should be back up, we need someone to buy 400k shares

Take the cash away and market cap is about 140 million with over 21,000 boepd net and no dilution and no debt with immediate cash generative, I’m off for the afternoon

Those who bought shed loads at 30, 20 or lower are in some juicy profits so they might be tempted to take some profits and I think there’s one there at 64p using dma to put the sell in the order book, someone will take this out cause there’s serious value to be had, early morning trades showing 45,297 at 68.99 was a buy

I don’t blame people for taking profits but just compare some other North Sea companies and I think this comes the best anyway once the profits takers done this should resume north

I would of thought we should be trading today at least 150 and that is dirt cheap

So sqz has 34 million dollar in cash with no debt net production over 21,000 boepd with future decommissioning cost shared with bp and no dilution to this transaction, all this under current market cap of 160 million is madness

Looking at the spread, they are not letting people have it on the cheap side, l2 buy order 340,519 v 191,400 we should see a strong upward movement pretty soon

Fantastic l2 we should see this move up now imo

These o trades are buys on normal trading account as I believe, l2 looking good

Looks to me games being played here

What are those o trades around 66p?

Mm are just taking few weak holders out, low price won’t last long

Pe of 2 is ridiculous

180 million market cap is just too cheap for net production over 21,000 boepd with no debt!

Should head back up at least 100 today