The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Joke comment if you read it correctly instead of taking it out of context! It was a response to the same crazy price predictions on that board. When questioned on the board why I made that prediction I stated I made it up like all the others. Your post is an awful reflection on your integrity and will be seen as such by those who choose to read it correctly.
The meltdown has already begun. There is a massive oversupply of oil and vast amounts are being stockpiled at a low price which will further blunt future demand. The oil industry is in a real crisis situation. I wish all RRE holders the very best but a sense of reality is imperative in the current climate. I dont pretend to know how long the cash at RRE will last but the company clearly needs to move to a more gas producing bias and quickly.
At current and likely future oil price levels this share has no value. Be careful.
Not a holder but have watched the rise with interest. You have to question what is the true value here as their primary asset is in the ground and set for what is most likely a long road to recovery. Yes there is cash and hedging in place but running costs continue and could even lead to a complete meltdown in the share price.
Left @1.32 after the lack of follow through after the results and back in today @95.3. First day for ages with an acceptable spread so hopefully got some value with the dividend to come and speedy return to full production in sight. Well thats an optimists view!
Unlike most Aim boards the posters here are almost without exception sensible with a bullish leaning. There are other boards clearly full of punters making wild valuation claims that are simply nonsense and have no influence other than allowing market makers to make money. I can see SQZ touching £22 by the end of 2021.
Clearly just an opinion but something tells me this is going to happen. I remember being a Monument holder when TCW sold out and just get the feeling we are up for sale. The share price movements are baffling and personally I dont see the relatively small bot sales as being the reason for the weak share price. Something more significant to what looks like manipulation on a daily basis.
I posted something similar recently and happy to sit tight and trust this very able management. The mention of dividends beiing considered suggests more than the current cash pile will be needed for a significant deal.
Any bid for Serica would need to be in excess of £2.00. Brilliantly run company with outstanding prospects.
I think we may be underestimating the danger this man could be to the oil industry in the North Sea. Windfall taxes, enviromental charges etc.We may be just weeks away from total anarchy and much as Serica have amazing ootential they are also may be under a massive threat.