Haven't posted on here for a while but have been watching with interest.
Really surprised with the brevity of the quarterly, no real information of much value in there at all. Looks to me like they have given up on the ASX which is not a great way to treat their shareholders.
Most people will know I've been consistently negative on the stock for some time and this hasn't changed! Everything now really rides on the oil price, so to a large extent their destiny is out of their control.
Can see the share price drifting lower after this report, which suits management as it validates decision to redomicile after which they can load up on options at the lowest price possible.
Ultimately the redomicile won't save them, same team just different ground!!
SEA Price at posting:
13.0¢ Sentiment: Sell Disclosure: Not Held
