Serica Energy Share Discussion Threads

[lord gnome] 09/8/2019 12:12

Beech35 - Are you new to this by any chance? Directors buy and sell shares in their companies all the time. Director dealings are often the Best Buy and sell signals.

[spandy83] 09/8/2019 10:50

What a strange thing for someone to say on an investors board... why on earth do you think that?

[steelwatch] 09/8/2019 09:32

The directors most certainly can buy shares, but there are rules governing when they can.

[beech35] 09/8/2019 09:18

The directors cannot buy shares, it’s against the rules, if they could I am sure they would have bought the company by now.

[spandy83] 09/8/2019 08:47

Said it before but nobody commented but if there isn't a deal in the works justifying a closed period; then I'll be really upset that there's been no director buying at these prices. They should be loading up big time to demonstrate their own confidence. If a deal comes soon then all is forgiven.

[nicnic1953] 08/8/2019 22:30

GG well done on your astute buying and selling I've been here 4 years now or let's say 10 -11 days but I'm thinking if u r not in it to win it then u lose ground ...we just dont know what's around the corner with acw I'm still hoping for a deal in the next 2 months

[steelwatch] 08/8/2019 21:43

👁👁

[bountyhunter] 08/8/2019 21:31

I've traded futures so am well aware of how they work.
You are the one who needs to go back to school if not still there!

Filtered for proving beyond doubt that you are an arrogant imbecile with nothing useful to contribute.

[bountyhunter] 08/8/2019 21:17

We will only be hearing when it goes up now lol!

[general george] 08/8/2019 20:49

Gas spot up 8% today, which is handy.

Markets looking precarious. Could be a chance to bag some SQZ 100p or lower.

Always a chance of something happening to offer an opportunity.

[bountyhunter] 08/8/2019 15:53

That's exactly what I was about to say!

[fardels bear] 08/8/2019 14:43

Well IMHO as far as IOC is concerned, there's a good reason not to.

[spangle93] 08/8/2019 14:40

But let's say a discovery of a similar nature was made on a structure in the block next to Rhum. The obvious export route would be to tie-in to the Rhum manifold or pipeline... then Rhum partners that funded the pipeline (i.e. including IOC) would receive tariff revenue.... how does that fit with sanctions?

That's why conventionally, in these circumstances, unless there was a good reason not to, the existing partnership would bid together in the same equity split, so that commercial agreements would be simpler

[fardels bear] 08/8/2019 14:36

Wouldn't be any point really..

[bountyhunter] 08/8/2019 13:40

Surely they wouldn't have the audacity to even apply? ;-)

[fardels bear] 08/8/2019 13:39

Think I was teasing. Surely IOC wouldn't be awarded anything even if it applies.

[bountyhunter] 08/8/2019 13:36

Can't see why or surely any other bidder would be compelled to do the same. It's only the Rhum field that's split not blocks around it not yet awarded.

[upomega] 08/8/2019 13:26

We can assume the shares will soon be trading in the 90p range soon with peel hunt increasing their price target to 1.89

[fardels bear] 08/8/2019 13:06

If we apply I assume that we'd not have to share it with IOC??

[spangle93] 08/8/2019 13:04

OK, soz :-( Had a 7th Aug datestamp so I thought it was more recent

[fardels bear] 08/8/2019 12:59

I think it was few days ago..