re: totaly undervalued stock
There's a lot more support for SEA now, with circa 600,000 shares on the bid above 30c. While still not great, this is a huge improvement on where they were a week ago. They are producing now and hence have revenues helping to support an aggressive drilling program for the remainder of this year. At 35c, Macquarie are only 3c away from exercising their options arising from the recent debt funding arrangements. Apart from the dilutionary effect, it would be good to get Macquarie on to the register and supporting the stock.
SEA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held