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I must admit this us listing has caught me out. In terms of lack of interest. Something wrong somewhere. Maybe the us advisor's should be changed as inmv they have failed abismally in selling the story of the business to u.s investors.

The only way that things may change in someway. Would require some major shareholders apart from Mercuria to force for it to happen. Maybe these holders that supported the bod in the past now feel somewhat let down inmv.

The problem is our bod are aligned,but sadly with two or three shareholders and not the rest.

I call it a Crime against UK citizens. As posted previously they are just a bunch of w...krs. let alone communists inmv

In other words why hold any money in this country.very sad. I never thought I would ever think this.

Sorry forgot to add. They just get on with it,but thanks to the wokes and hmg everyone wants to work from home with the others not wanting to work.Not forgetting that they should be bailed out when they have over spent. Guess who covers that one.

I'm afraid our new socialst woke society prevents anyone saying anything against it. We are now no longer a capitalist country. They are just a bunch of w...krs inmho. Oh by the way inflation in the states is half ours. I wonder why. Maybe it is something to do with their business ethics.Any way let's hope the bod of Serica are not socialists.inmv

So the achilles heel is now the hedging on 11,000 bbl. Way to go serica. What a fasical joke this is turning into. Is there anything else we should suffer. We cannot even gain on commodities firming. If they are committted to adding shareholder value to all stakeholders then they should sell up as their business plan is not working.

Maybe the weakness is now down to fields being shut down for workovers. No doubt we will have a rns on this together with our housebrokers downgrading again.

In hindsight i should have sold the lot rather than retaining some as this is rapidly turning into a basket case . Hasten to add they are not alone, but they do have some options i.e share buybacks and a actual deal ????. Something hopefully we can vote on should it arise.

Their problem which it has always been inmv ever since my investment here is not following up on their rhetoric.There always seems to be some reason as to why they cannot or will not grow the company for all stakeholders in terms of assets apart from the ill fated TW deal

Dont get me wrong they have done a terrrific job in terms of extending the life of fields, but why keep saying they are on the look out of aquisitions . Better to be honest and say nothing inmv as this tailwind deal will need another good twelve months to show any value.Which they and the market evidently has already deduced.BTW good old Jefferies downgraded us today. Way to go house broker

Thanks for the link andrebea. Excellent interview inmv.Hopefully HMG will get behind this in someway.

Could someone post a link as to where i can find the U.S listing as for some reason i cannot find it. To me if it is that difficult to find then it is of no surprise that no one in the states has invested in the shares. Fwiw the otc website has no stock look up unless i have missed something.

Thats reassuring aimgambler123. I am amazed that the share price has not taken off just like yourself and many others on here . I could have understood that if funding was still an issue, but it is not. So still very surprised with where we currently are. Having said that everything crossed going forward.

I agree and are as completly baffled as you. Fwiw i have been investing in shares such as this for the past forty years,but this really does seem odd. What i find bizaar is the lack of trades in the states after the listing????

No one seems interested. Why ???. Also the worry is the placing. Money laundering springs to mind inmho

Please dont tell me that this is a complete b.....lcks company as inmv it is rapidly seeming that way???.. hey hoe another load of money to write off

So far the trip to New York is not having any effect. Maybe they should consider changing their advisors over there as so far it is only having a negative effect on the share price inmv

Here is the reply i have recieved from the company. My main question to them was aimed at the lack of transactions on the secondary market. Too me this sounds positive going forward.

Miao He

Dear *****************

Thank you for your enquiry.

Our directors are in New York this week seeking to address these issues.

More announcements will follow shortly.

Best wishes.

Miao

I will post their reply aimgambler123 If and when i get a reply.

It does all seem a bit odd inmv in that not one trade has gone through. What is the house broker doing. Also what has been the point in this listing as it costing money to have this listed. Even though it's a secondary listing. Fwiw I will email the company about this. Unless anyone else is interested in doing this.

I am happy with that as it stops a protracted lawsuit. For me this is an excellent long term investment What is annoying is that any good news means nothing,but the market seems to treat any pssitives and negatives in the same light. I.E share prices seem to fall on both good and bad news.

Just about sums up society in general inmv.

fwiw i hold this together with some other ftse 100 shares together with a couple of biotechs