Bit of a surprise ! |
We've had lots of consolidation here in the 30s at least. Bodes well |
Market cap still only £24m. So plenty of upside before it looks expensive imo.
As a general rule this is in my preferred buy in valuation level range.
Sub £10m stocks tends to be risky / unproven / rubbish types.
Over £100m implies a lot of expecteation already baked in.
But stocks in the £20m type range are just right. Doesn't require a huge amount of volume to move it up.
i.e this could 4 bag from here before it gets into the £100 range.
Of course the company has to deliver - and I think SEA are in a good position to do that. |
Plenty of good news and progress to come. I expect you will have plenty of previous holders returning, existing holders adding, and new investors jumping on board as and when they hear about SEA and do a bit of research. Exciting times ahead |
What's up ? |
When the MMs run out of stock with this share I've seen them begin to move it up on pretty much every small trade |
Maybe nigelpm might believe me now Not quite finished as someone else looks like they are building a stake too |
Good for you Base, I thought you would get your chance. I can only assume those selling are either gambling with money that isn't theirs, or just don't have the patience to wait it out. Either way, good riddance |
Nice liquidity day today to keep adding |
Took a few more today |
There seems to be no end of impatient gamblers itching to move money into the latest hot thing, so you should be okay base1, unless news arrives of course! |
I think you're making it up basem. Anyone trying to buy a large stake would not be boasting on a public forum and how is telling the world keeping it "low key" exactly? |
I am trying to keep it low key so I don't force the price up |
Well I am happy to keep taking up any slack here Still need a further 300,000 shares so keep selling please |
They have hinted they are actively looking at acquiring some production. When the 10 million from the farmout arrives (due before end of March) they could then have the means to do this. |
I see your reasoning but given our current market cap against our current portfolio and the prospect of further licenses along with a management team that have done it all before this is a compelling story and I truly believe we could see a triple digit share price in the next 12-18 months |
What develops are expected within 2025?
I have read these boards, lots of rumour and speculation but no clear plan from the company RNS releases for the near term.
I’m not saying this is a bad long term investment, but short term I am not sure what is likely.
£250k a month salary burn is excessive considering the lack of current income |
More meetings being mentioned by Seascape on X: |
I see on X that the company attended Petronas launch of the 2025 bid round yesterday. Any have an inkling whether they will be bidding for DROs again, and if so which block would suit us best? |
UPL up nearly 10%. Wonder what's got them excited. |
Seascape Energy announces the grant of an award under the Company's NED Plan (the "Plan") to Haida Hazri who has joined the Company's board of Directors as an Independent non-executive Director.
The Award
The Plan is designed to provide incentivisation and retention over a three-year period (the "Performance Period"), vesting from 13 February 2026 to 13 February 2028. Following awards made to the other non-executive Directors in July 2024, and in the interests of consistency, the Company's Board of Directors has made an award under the Plan to Haida Hazri in the form of market priced options to acquire ordinary shares of 10p each in the Company |
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