SQZ Serica merger proposal at incredibly laughable premium
Info and discussion at below thread
Kistos Seeks Merger With Serica.
We warned @MitchFleggCEO of such a risk while the board allows for its share price to continue to drift instead of buying back shares with authority & transparency. Now, I can only hope shareholders reject. Frustrating.$SQZ@SericaEnergyplcpic.twitter.com/ohWUSedD6k
Bought a few more Serica today at 3.735. Russians will likely turn Nord1 back on but just barely. They want to squeeze Europeans coming into winter. Lots of talk about govt capping the price of oil and gas. Might work short term and of course, they will print more money to finance it. Since European Union loves central control, they will establish a big commission to govern it but it won't fix the underlying problem.
Serica is printing money and should be fine even if there are caps installed.