Member Info for upomega

Words fail me and to add insult to injury Jefferies are putting their two pennith in.

Not sure about a blanket drop,but not so long ago this was trading in 120 range. So 200 range is highly possible inmv. Just depends on how long gas prices remain high as there is little else to push this forward inmo.

At the end of the day Serica has not helped itself of late. The announcement of a share buy back just before bp exits, the joint house broker upgrading before this occurs,no deals apart from a gamble with eigg and to boot no farm in to mitigate risk.
As for a takeover inmv if I was an acquirer I would take this over now and delay eigg until some sort of water tight contract is drawn up with hmg.

Your dealing with a cabinet that has no loyalty or integrity inmv. Take a look at how they turned their back on the diagnostic industry during covid after asking them to assist.To make matters worse they spent billions on Chinese lfts which were inferior to home grown tests.
Maybe Serica could use eigg as a bargaining tool by saying tax us and we won't develop eigg. Eigg should have been farmed out anyway inmo

Without auto correct
Bod give yourselves 100milion and then go. As inmho you are inept.inmv

Just get It over rid and give yourselves millions the money is there now and then Bugg...r off .. . Inmv .
Sad all round inmho.

May day may day
Inmv and inmho and no one's else's.
Serica will alert shareholders to the laklustre of its bod soon.jefferies are spivs inmv not how they were once back twenty years ago. As I posted earlier just give the bod hundred million and tell them where to go inmho and no one's elses .

I agree Newkotb. What I never understood and still do not understand is to why they have not at least bought a stake in another listed company.

Sorry should read Mr.Fibbles. damme auto correct on phone.

I agree Mr gobbles.one positive is the dilution of the shares with the free options. The buy back should counteract that and use up the cash pile in the same process.
Maybe the board could just hand them a hundred million instead of going through all that inmv inmho dyor.

Thanks for the posting gamblinganalyist and flexmw for link. It certainly sounds very interesting once again. Maybe this is the ledge to over come on the mountain until we reach our summit.inmv

Aren't you forgetting to factor in the share price movement.Most listed companies operate in this way with options. Sooner or later the cash build will have to be realised inmv. Surely so long as we benefit in the short term now and not the long term then who cares. It's the new investors which inmv should be asking where Serica is going now inmho.

I agree it is a bit odd that they have not invested any of their own money. My thought is that the bkr deal was more complex and all was not revealed in how it came about.Maybe they sailed to close to the wind as directors in order to complete the deal. Hence the rewards now. I will certainly stop all my moaning if this gets to six pounds without eigg.inmho.

Should tie in nicely with Jefferies tipping again. Not to mention with a buy back programme being voted through. Ahh wonder where the share price will be in a few month's time. Egg done and dusted with countless millions spent on it etc etc.having said that it is one way of avoiding tax as why would they want to help society when they could simply write money off like this. Inmho and no one's else's dyor etc rtc

Here's a thought that some long lth may have missed. Maybe part of the original bkr deal stipulated that Serica must just facilitate the field and not use rhum.bruce as leverage. Inmho that would explain the lack of deals since it's inception.

The sad fact is that sericas researgence has been on the back of inflated gas prices for whatever reason and not on organic or non organic growth.
Add to the pot Twitter posters.as I have posted before very happy with my return,but just think where we could be should they invest in an existing proven asset and not some drill gamble . Inmho dyor etc

Sorry forgot to add twitter tipster getting over excited.

Unfortunately a combination of events have happened here inmv
Serica intimating a share buy back
Broker upgrade followed by BP placing
Gas falling
No farm in for the eigg gamble
All inmho
Let's just hope that all that cash is earning some nice interest somewhere.

Maybe the twitter tipster has had an about turn on Serica and his followers are following suit. Just a thought

I see BP are on charm offence.re deep sea horizon film on TV again
Way to politics. Next we will have a Jefferies advert on main stay TV.