anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

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any unknown issues about this company?

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Was it this company that did a 1 for 50 share consolidation a couple of years back?
2517

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Thanks mnamreh, I followed these back then although never bought them thankfully, probably because I already had enough dross at the time. Good luck to all holders.
2517

mnamreh,

What is your views about this now?

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That was a polite way of saying ...... it's a pile of cow poo.,.

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Can't tap shareholders for money

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Perhaps with the cash and bank facilities they have, they should buy out,
or into another oil co., at these cheaper stock exchange prices.
They may be able, to pick up some fresh licenses that way.
Instead of their geologists looking for something new, their NOMADS or is it brokers should asking questions and making something happen.
Do they have joint brokers, we were never told why two were required, I think.

Why no news from Cameroon boarder and Madagascar. Can SEY not "persuade" someone to do something there, after all this time.

Nothing much appears to be happening, with SEY and it is time Management
gave shareholders an up date, or we will think they are sat in their doing
the Daily Telegraph cross word, or something. Perhaps the licenses should
be sold off and the Company closed down, and perhaps we should get some
new managers in SEY yet again.

Perhaps with the cash and bank facilities they have, they should buy out,
or into another oil co., at these cheaper stock exchange prices.
They may be able, to pick up some fresh licenses that way.
Instead of their geologists looking for something new, their NOMADS or is it brokers should asking questions and making something happen.
Do they have joint brokers, we were never told why two were required, I think.

Why no news from Cameroon boarder and Madagascar. Can SEY not "persuade" someone to do something there, after all this time.

Nothing much appears to be happening, with SEY and it is time Management
gave shareholders an up date, or we will think they are sat in their doing
the Daily Telegraph cross word, or something. Perhaps the licenses should
be sold off and the Company closed down, and perhaps we should get some
new managers in SEY yet again.

Perhaps AFREN could buy SEY, as AFREN have licenses on shore Madagascar,
close to SEY off shore licenses. It would fit nicely.

Also AFREN have interests off shore Nigeria, and could take over the disputed
Cameroon license area which SEY has.

Might as well give the cash to AFREN as well, although they probably do not
need it, and then all SEY management could be made redundant, and offices etc
closed.

Maybe the brokers could speak to AFREN, and I get a cut of any commissions.

I have been in touch with contacts at AFREN today, and suggested that their CEO has a look at SEY, because of compatible license areas in Madagascar and Nigeria - Cameroon.

I would support a buy out by AFREN at a reasonnable premium to the current SEY price of 37p. SEY is peanuts compared to AFREN operations.